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Below is the year-end adjusted trial balance of the ledger of Big Bright Lights Electric. 1. Prepare a classified year-end balance sheet. A $7,000 installment

image text in transcribed Below is the year-end adjusted trial balance of the ledger of Big Bright Lights Electric. 1. Prepare a classified year-end balance sheet. A $7,000 installment on the long-term not payable is due within one year. 2. Using the information from Big Bright Light Electric, calculate the current ratio

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