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10 Part 3 of 3 Required information [The following information applies to the questions cisplayed below) 0.76 points 8 03:21:03 Skipped The December 31 Year

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10 Part 3 of 3 Required information [The following information applies to the questions cisplayed below) 0.76 points 8 03:21:03 Skipped The December 31 Year 1 adjusted trial balance for a company is presented below. Accounts Cash Debit Credit Accounts Receivable $ 1,200 132, eee Prepaid Rent Supplies 4,280 21.ee Equipment 220,000 Accumulated Depreciation $117,00 Accounts Payable 10,200 Salaries Payable 9,260 Interest Payable 3,200 Notes Payable (due in two years) Common Stock 120,000 Retained Earnings 42.000 Service Revenue 320,000 Salaries Expense 220,000 Rent Expense 11,000 Depreciation Expense 22, ede Interest Expense 3,280 Totals $643, 600 5643,600 Book Hint 22,000 Print References 3. Prepare a classified balance sheet as of December 31. Year 1. (Amounts to be deducted should be indicated by a minus sign. Balance Sheet

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