The adjusted trial balance for Karr Bowling Alley at December 31, 2010, contains the following accounts.
![](https://www.solutioninn.com/images3/47-B-A-A-C%20(162).PNG)
Instructions
(a) Prepare a classified balance sheet; assume that $13,900 of the note payable will be paid in 2011.
(b) Comment on the liquidity of thecompany.