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2 The following is a December 3 1 , 2 0 2 4 , post - closing trial balance for Culver City Lighting, Incorporated. 2
The following is a December postclosing trial balance for Culver City Lighting, Incorporated.
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tableAccount Title,Debits,CreditsCash$Accounts receivable,InventoryPrepaid insurance,EquipmentAccumulated depreciation,,$Patent netAccounts payable,,Interest payable,,Notes payable due in yearsCommon stock,,Retained earnings,,Totals$$
Prepare a classified balance sheet for Culver City Lighting, Incorporated.
Note: Amounts to be deducted should be indicated by a minus sign.
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