Preparing a classified balance sheet.The worksheet of Bridget’s Office Supplies contains t...

Preparing a classified balance sheet.

The worksheet of Bridget’s Office Supplies contains the following asset and liability accounts. The balance of the Notes Payable account consists of notes that are due within a year. Prepare a balance sheet dated December 31, 2016. Obtain the ending capital for the period from the statement of owner’s equity completed in Exercise 13.4.

ACCOUNTS