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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end

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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end of the year, and 590 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,360 in cash (for a total at the end of the year of 810 shares). These effects are included below. Credit Catena' s Marketing Company Adjusted Trial Balance End of the Current Year Debit Cash $ 1, 580 Accounts receivable 2, 230 Interest receivable 230 Prepaid insurance 1, 750 Long-term notes receivable 2,990 net Equipment 16, 100 Accumulated depreciation nema Accounts payable Dividends payable ud Accrued expenses payable Income taxes payable Unearned rent revenue ancar Common Stock (810 shares) Additional paid-in capital stained earnings 2014 Sales revenue Interest revenue Rent revenue Wages expense 18,300 Depreciation expense 1, 720 Utilities expense 400 Insurance expense 760 Rent expense 9,840 Income tax expense 2,790 Total $ 58,690 $ 2,930 2,380 630 3,880 2,570 390 - 81 3, 439 4,490 37, 150 120 630 $ 58, 690 Prepare a classified balance sheet for the end of the current year. CATENA'S MARKETING COMPANY Balance Sheet For the current year ended Assets Current assets: Sales revenue Interest revenue Rent revenue $ 37,150 120 630 Total current assets 37,900 $ 37,900 $ Total assets Liabilities Current liabilities: Wages expense Depreciation expense Utilities expense Insurance expense Rent expense Income taxes expense Total current liabilities Stockholders' equity 18,300 1,720 400 760 9,840 2,790 33,810 0 Total stockholders' equity Total liabilities and stockholders' equity S 33.810

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