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507 Prepare a Classified Balance Sheet at December 31, 2021. Round answers to the nearest whole numb 508 509 $10 511 Assets Holister Electric

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507 Prepare a Classified Balance Sheet at December 31, 2021. Round answers to the nearest whole numb 508 509 $10 511 Assets Holister Electric Inc. Balance Sheet As at December 31, 2021 32 Marks 612 Current Assets 613 Cash 514 Accounts Receivable. 615 Interest Receivable 616 Prepaid Insurance 617 Inventory 618 Total Current Assets $17,605 35,700 2,400 17,910 98,500 172,115 619 Investments 620 Investment in Gregor inc. 48,000 621 Long-Term Investment - Bond $70,000 622 Total Investment 118,000 623 Property, Plant & Equipment 260000 624 Less: Accumulated Depreciation 68,000 192,000 625 Total Assets 482,115 626 627 Liabilities and Stockholders Equity 628 Current Liabilities 629 Accounts Payable 630 Bank Loan - Current Portion 145,000 30,000 631 Interest Payable 2,400 632 Unearned revenue 8,100 633 Total Current Liabilities 185,500 634 Bank Loan 30,000 635 Bonds Payable 180,000 636 Less: Discount on Bonds Payable 9,604 $170,396 637 Total Liabilities 355,896 638 639 Stockholders Equity 640 641

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