On December 31, 2010, the Stevens Company bookkeeper prepared the following erroneously classified balance sheet:
![2131_268-B-A-F-S (3395).png](https://secure.tutorsglobe.com/CMSImages/2131_268-B-A-F-S (3395).png)
Required:
You determine that the account balances listed on the balance sheet are correct but, in certain cases, incorrectly classified. Prepare a properly classified balance sheet for the Stevens Company as of December 31,2010.