(Answered) Using the following data prepare a classified balance sheet

Accounting

Using the following data, prepare a classified balance sheet for Blanchard Company as of December 31, 20x5.

Cash	mce_markernbsp; 200	Accumulated Depreciation- Building	mce_markernbsp; 1,000
Investments in Short-Term Government Securities	400	Franchise	1,800
Accounts Receivable	800	Accounts Payable	1,600
Inventory	3,000	Revenues Received in Advance	400
Prepaid Rent	100	Notes Payable (in two years)	4,000
Investment in Land Held for future use	2,700	Common Stock	12,000
Land	2,000
Building	8,000

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