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ces Exercise 9-15 Preparing a balance sheet LO C1, P2, P3 Selected accounts from Lue Co's adjusted trial balance for the year ended December
ces Exercise 9-15 Preparing a balance sheet LO C1, P2, P3 Selected accounts from Lue Co's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Total equity Equipment Salaries payable $30,900 40,900 34,900 Accounts receivable 7,100 Cash 52,800 Current portion of long-term debt Notes payable (dye in 6 years) 4,900 10,000 Employee federal income taxes payable Federal unemployment taxes payable FICA-Medicare taxes payable PICA-Social Security taxes payable Employee medical insurance payable State unemployment taxes payable Sales tax payable (due in 2 weeks) $9,700 330 500 3,700 2,900 2,600 370 LUE CO. Balance Sheet December 31 Assets Current assets Total current assets Plant assets Total assets Liabilities Current liabilities $
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