Answer and Explanation:
The Preparation of classified balance sheet for Volz Cleaning, Inc., at the end of March is shown below:-
Assets
Current Assets:
Cash                                          $27,000
($45,000 - $8,000 - $2,000 - $7,000 + $3,000 - $4,000)
Investment (short term)             $4,000
($7,000 - $3,000)
Notes receivables                     $2,000
Total Current Assets                 $33,000
Long Term Non Current Assets:
Computer equipment                  $4,000
Delivery Truck                              $35,000
Total long term                            $39,000
Total assets                                   $72,000
Liabilities
Liabilities
Notes payable                           $27,000
Total liabilities                            $27,000
Stockholder equity
Common Stock                        $6,000
Additional Paid in Capital	$39,000
Total Stockholder's equity  $45,000
Total Liabilities & Stockholder's
equity                                         $72,000