Question
Below is U R Rocket Man Company's December 31, 2020 adjusted Trial Balance. Use the adjusted trial balance to prepare the company's classified balance sheet.
Below is U R Rocket Man Company's December 31, 2020 adjusted Trial Balance. Use the adjusted trial balance to prepare the company's classified balance sheet. The accounts in the trial balance are listed ALPHABETICALLY. Show a proper heading fom the classified balance sheet. Use the balance sheet paper provided. UR Rocket Man Company Adjusted Trial Balance December 31, 2020 Account Debit Credit Accounts Payable $1,600 Accounts Receivable $1,000 Accumulated Depreciation, Buildings Accumulated Depreciation, Furniture Depreciation Expense, 2,000 Buildings 1,440 1,760 Depreciation Expense, Buildings Depreciation Expense, Furniture Buildings Cash 2,000 400 21,600 200 Furniture 15,200 Interest Expense 1,440 Interest Payable UR Rocket Man, Capital UR Rocket Man, 160 Withdrawals Land (used in operations) 5,840 Note Payable (due in 2 years) 96 30,728 1,200 years) Note Payable (due within 1 year) Note Receivable (due 384 within 1 year) Other expenses 1,456 Prepaid Assets 144 800 46,000 Revenue Selling & Administrative 5,800 expense Salaries Expense Salaries Payable 7,600 232 Supplies 816 Supplies Expense 400 Wages Expense 19,560 Supplies Expense 400 Wages Expense 19,560 Wages Payable 144 TOTALS $84,000 $84,000 Previous No new data to save. Last c acer
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