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Accessibility Mode 3/12/2002 1. The following items were taken from the adjusted trial balance of Alta Corporation on December 31,2021 Account Cash. Debit Credit
Accessibility Mode 3/12/2002 1. The following items were taken from the adjusted trial balance of Alta Corporation on December 31,2021 Account Cash. Debit Credit $17,000 Accounts receivables Other receivables 12,500 550 Prepaid expenses. 1,000 Equipment 4,000 Intangible assets 1,300 Investment in capital stock of MHA company 1,300 Allowance for doubtful accounts $500 Accumulated depreciation- Equipment. 800 Accounts payable 8,325 Taxes payable.. Accrued expenses Deferred revenues Long term loans Common stocks Opening retained earnings Dividends Sales revenue Cost of Sales General and administration expenses Selling and Marketing expenses Depreciation expense. . TALENGOOLE Total Required 3,200 75 3,000 1200 L050 11,050 1,000 40,000 17,500 11.200 18,000 300 300 250 Sex,000 $.000 You're the accountant of Alte corporation and you must prepare a classified Balance sheet for the corporation on December 31,3021 in order to publish the audited Balance sheet in the annual report
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