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2 Required Prepare a classified balance sheet at December 31, 2018 for Blimpy's. Hint: Account categories for several of the items listed are found in

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2 Required Prepare a classified balance sheet at December 31, 2018 for Blimpy's. Hint: Account categories for several of the items listed are found in parentheses. Blimpy ' s Doughnuts, Inc Adjusted Trial Balance (alphabetical order) December 31, 2018 Debits Credits Skipped Accounts and notes receivable Accounts payable Accrued litigation settlement (current liability) Accumulated defici Accumulated other comprehensive income Cash and cash equivalents Common stock Current maturities of long-term debt Deferred income taxes (noncurrent asset) Deferred income taxes (current liability) Depreciation and amortization Direct operating expenses Equity in (losses) of equity method franchisees General and administrative expenses Goodwill and other intangible assets $ 27,603 7,874 86,772 1,266 310,942 191,010 36,242 1,730 20 20 21,046 389,379 842 48,860 28,934 Impairment charges and lease termination costs Insurance recovery receivable (current asset) Interest expense Interest income Inventories Investments in equity method franchisees Long-term debt, less current maturities Other accrued liabilities Other assets Other current assets Other income Other long-term obligations Property and equipment Provision for income taxes Revenues Settlement of litigation (expense) 12,519 34,967 20,334 2 1,627 21,006 3,224 105,966 38,474 Skipped 16,842 12,000 5,105 29,694 168,654 1,211 461,195 15,972 Totals $1,050,665 $1,050,665

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