Problem 4-2A (Part Level Submission)

The adjusted trial balance columns of the worksheet for Monty Company are as follows.

Monty Company Worksheet For the Year Ended December 31, 2019
				Adjusted Trial Balance
Account No.		Account Titles		Dr.		Cr.
101		Cash		5,000
112		Accounts Receivable		10,800
126		Supplies		1,800
130		Prepaid Insurance		1,800
157		Equipment		27,400
158		Accumulated DepreciationEquipment				5,200
200		Notes Payable				14,600
201		Accounts Payable				6,300
212		Salaries and Wages Payable				2,600
230		Interest Payable				500
311		Common Stock				12,600
320		Retained Earnings				3,500
332		Dividends		7,200
400		Service Revenue				58,300
610		Advertising Expense		8,700
631		Supplies Expense		3,700
711		Depreciation Expense		5,200
722		Insurance Expense		3,300
726		Salaries and Wages Expense		28,200
905		Interest Expense		500
		Totals		103,600		103,600

repare a classified balance sheet. (Note: $5,470 of the notes payable become due in 2020.) (List Current Assets in order of liquidity.)