Question
50 points The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 31
50 points The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 31 Number Account Title Debit Credit 101 Cash 126 Supplies $ 8,000 31,900 ellook 128 Prepaid insurance 8,400 167 Equipment 50,000 168 Accumulated depreciation-Equipment $ 25,000 173 Building References 162,000 174 Accumulated depreciation-Building 54,000. 183 Land 55,820 201 Accounts payable 15,000 203 Interest payable 2,800 208 Rent payable 3,900 210 Wages payable 2,900 213 Property taxes payable t 1,200 236 Unearned revenue 16,200 251 Long-term notes payable 61,500 301 0. Tybalt, Capital 130,600 302 0. Tybalt, Withdrawals 11,700 404 Services revenue. 99,000 406 Rent revenue 15,000 409 Interest revenue 5,200 606 Depreciation expense-Building 11,880 6121 Depreciation expense-Equipment 7,500 623 Wages expense 50,600 633 Interest expense 3,100 637 Insurance expense 9,000 640 Rent expense 652 Supplies expense 683 Property taxes expense 12,100 6,700 3,600 Totals 5 432,300 $432,300 1 Prepare the classified balance sheet at December 31 of the current year. TYBALT CONSTRUCTION Balance Sheet December 31 50 points eBook Print References
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