The Following Items Are Taken from the Adjusted Trial Balance

Essay

The following items are taken from the adjusted trial balance of Westley Company for the month ending July 31 2016: $\begin{array}{ll}\text { Accounts payable } & \$ 2,000 \\\text { Accounts receivable } & 3,300 \\\text { Accumulated depreciation - equipment } & 8,000 \\\text { Cash } & 2,600 \\\text { Depreciation expense } & 2,000\\\text { Equipment } & 54,000 \\\text { Owher's capital } 7 / 1 / 16 & 52,000 \\\text { Service revenue } & 33,000 \\\text { Supplies } & 1,200\end{array}$ Prepare the current assets section of Westley's classified balance sheet.