The adjusted trial balance of Michael Co. for the year ending December 31, 2025, contains the...

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The adjusted trial balance of Michael Co. for the year ending December 31, 2025, contains the following Michael Co. Adjusted Trial Balance December 31, 2025 Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Debit $19,737 7,185 2,545 18,315 3,265 7.105 2,238 167 105 $60,662 Credit $5,160 5.965 5,737 20,265 11,575 11.855 105 $60,662 Prepare a classified balance sheet. (List current assets in order of liquidity) Current Assets Cash Supplies Equipment Total Assets MICHAEL CO. Balance Sheet For the Year Ended December 31, 2025 Assets Liabilities and Stockholders' Equity $ $ S 19,737 The adjusted trial balance of Michael Co. for the year ending December 31, 2025, contains the following Michael Co. Adjusted Trial Balance December 31, 2025 Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Debit $19,737 7,185 2,545 18,315 3,265 7.105 2,238 167 105 $60,662 Credit $5,160 5.965 5,737 20,265 11,575 11.855 105 $60,662 Prepare a classified balance sheet. (List current assets in order of liquidity) Current Assets Cash Supplies Equipment Total Assets MICHAEL CO. Balance Sheet For the Year Ended December 31, 2025 Assets Liabilities and Stockholders' Equity $ $ S 19,737

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