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1. calculate the balance that will appear on the balance sheet. 2. create a classified balance sheet The adjusted trace of Special Event Security Services

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1. calculate the balance that will appear on the balance sheet. 2. create a classified balance sheet The adjusted trace of Special Event Security Services (SESS), an unincorporated business owned and operated by Jim Popovich, is provided below SPECIAL EVENT SECURITY SERVICES Adjusted Trial Balance September 30, 2021 Debl Credit Cash $ 10,000 Accounts receivable 8,500 Prepaid insurance 1.100 Land 50,000 Building 260,000 Accumulated depreciation building $ 31,200 Equipment 18,000 Accumulated depreciation equipment 7,200 Accounts payable 15,500 Accrued interest 500 Unearned revenue 25,000 Note payable 100,000 J. Popovich, capital 48,150 J. Popovich, drawings 36,000 Service revenue 420,000 Depreciation expense 2,350 Insurance expense 6,600 Interest expense 5,000 Rent experise 60,000 Wages expense 1190.000 5647,550 5.647,550 Additional information: The rote payable is due in annual instalments of $10,000 principal plus interest. The next payment is due August 31, 2022. Additional information: The note payable is due in annual instalments of $10,000 principal plus interest. The red payment is due August 31, 2022 Jim Popovich invested $20,000 on June 1, 221

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