Based on the adjusted trial balance shown below, prepare a classified balance sheet for Focus Package Delivery
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Based on the adjusted trial balance shown below, prepare a classified balance sheet for Focus Package Delivery as of December 31.
Transcribed Image Text:
FOCUS PACKAGE DELIVERY Adjusted Trial Balance December 31 Cash Accounts receivable Supplies Long-term investments Delivery equipment Accumulated depreciation-delivery equipment Intangible assets Debit $ 18 200,00 34200,00 210000 25,000,00 45 000 00 1600000 Credit $ 1108000 Accounts payable Wages payable 16200 00 4120 00 Long-term notes payable* K. Ferman, capital K. Ferman, withdrawals Delivery fees earned Rent expense Wages expense Supplies expense Depreciation expense delivery equipment Interest expense Utilities expense Totals $2,000 of the long-term note payable is due during the next year. 20000 00 40400 00 15 000 00 145 000 00 800000 62 000 00 250000 4050 00 1000 00 375.000 $236 800 00 $236 800 00
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Related Book For
College Accounting Ch 1-14
ISBN: 9780073346892
1st Edition
Authors: John Wild, Vernon Richardson, Ken Shaw
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