Exercise 5-11 Presented below is the adjusted trial balance of Whispering Corporation at December 31, 2017. Credit Debit $ ? 1,340 1,140 48,140 $ 4,140 1,090 Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2024) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense Total 10,140 640 2,140 9,140 10,140 25,140 10,140 9,140 1,540 1,340 1,040 ? $ $ Additional information: 1. Net loss for the year was $2,920. 2. No dividends were declared during 2017. Prepare a classified balance sheet as of December 31, 2017. (List Current Assets in order of liquidity.) WHISPERING CORPORATION Balance Sheet Assets $ Liabilities and Stockholders' Equity