Given the following post-closing trial balance, prepare a classified balance sheet: The December 31, 2021, post-closing trial balance for Antarctica Corporation is presented below: Accounts Debit Credit Cash $ 6,900 Accounts Receivable 2,700 Prepaid Insurance 5,500 Supplies 1,300 Long-Term Investments 7,000 Land 80,000 Buildings 200,000 Accumulated Depreciation 25,000 Accounts Payable 2,300 Notes Payable, due < 1 year 12,000 Notes Payable, due in 3 years 50,000 Interest Payable, due < 1 year 1,000 Common stock 150,000 Retained Earnings 63,100 Totals $ 303,400 $ 303,400 Prepare a classified balance sheet for the company as of December 31, 2021.

What accounts would appear on a post-closing trial balance? Give three examples.

What accounts would NOT appear on a post-closing trial balance? Give three examples.

A companys cash balance is reported in which two financial statements?

A company accepts Visa credit card as payment for $500 worth of house cleaning services. The company is charged a 2% service fee by the credit card company. What journal entry should the company make to record its credit card sales?