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An adjusted trial balance for Whirl Industries Limited as at December 31, 2019 follows (Click the loon to view the Required balance.) Prepare a
An adjusted trial balance for Whirl Industries Limited as at December 31, 2019 follows (Click the loon to view the Required balance.) Prepare a balance sheet for Whit industries Limited as of December 31, 2019, with tems classified as cument or non-cument items Trial balance CITO Accounts payable De Credit 137,000 Prepare the balance sheet below. (Leave any unused lines blank. Abbreviations used LT- Current assets Cash Whid Industries Limited Balance Sheet As at December 31, 2019 359000 Current liabilities Accounts receivable 145,000 Accumulated depreciation 55.000 Advertising x 15.000 Cash 350.000 Common shares 150.000 Cost of goods sold 370,000 Curent portion of long-term loan payable 60000 Depreciation expense 14,000 Dividende 29,000 Equipment 620,000 Total rent assets Non-current assets Total current labities Non-current abilities Total Satis Shareholders' equity Interead expense Interest payable Income tax expense 37,000 31,000 4.000 Inventory 54,000 Long-term loan receivab 330.000 Non-cument portion of long-term loan payato 40.000 Prepaid rent 8.000 Total non-current asses Total shareholders' equity Rant exper Retained eamings 70,000 418.000 Total assets Total liabilities and equity Print Done
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