The following is a list of balance sheet accounts (in random order) and balances for the National Supply Company. They have been updated as of December 31, 2013. 
Required:
Prepare a classified balance sheet for National Supply Company at December 31, 2013.
Definitions:
CPA License
A qualification awarded to accountants who pass the Uniform CPA Exam and meet additional state requirements, authorizing them to practice as Certified Public Accountants.
Audit Committee
A subset of a company's board of directors responsible for overseeing the financial reporting process, auditing procedures, and compliance with laws and regulations.
Internal Accounting Controls
Procedures and policies implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Securities Exchange Act
A law governing the secondary trading of securities in the United States, aiming to ensure transparency and fairness.
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