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(e3) Prepare a classified balance sheet at December 31. (List current assets in order of liquidity.) PROSEN DISTRIBUTING COMPANY Balance Sheet December 31, 2017 Assets
(e3) Prepare a classified balance sheet at December 31. (List current assets in order of liquidity.) PROSEN DISTRIBUTING COMPANY Balance Sheet December 31, 2017 Assets Current Assets cash Accounts Receival Inventony Supplies Total Current Assets Property, Plant and Equipment Liabilities and Stockholders' Equity SHOW LIST OF ACCOUNTS (d) ly! Your answer is correct. Prepare an adjusted trial balance PROSEN DISTRIBUTING COMPANY Adjusted Trial Balance December 31, 2017 Debit Credit 13,654 4 8,524 2,800 26,400 12,300 3,000 Cash Inventory Accounts Receival Equipment Cost of Goods Sol Salaries and Wag Salaries and Wag Depreciation Expe Accumulated Dep Supplies Supplies Expense Sales Discounts Sales Revenue Accounts Payable Common Stock Retained Earnings Totals 550 240 2880 1500 1500 372 18,900 5,000 30,000 12,960 70290 70290
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