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Given the following worksheet, prepare the classified balance sheet for the year ended December 31, 2025. Assume the Rose, Capital balance is $19,000 on

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Given the following worksheet, prepare the classified balance sheet for the year ended December 31, 2025. Assume the Rose, Capital balance is $19,000 on January 1, 2025. Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Cash $16,000 $16,000 Accounts Receivable 3,000 3,000 Office Supplies 4,000 4,000 Prepaid Rent 2,000 2,000 Land 15,000 15,000 Building 20,000 20,000 Accumulated Depreciation, Building $5,000 $5,000 Accounts Payable 7,000 7,000 Salaries Payable 4,000 4,000 Unearned Rent 1,000 1,000 Notes Payable 6,000 6,000 Rose, Capital 19,000 19,000 Rose, Withdrawals 2,000 2,000 Service Revenue 36,000 $36,000 Rent Expense 7,000 $7,000 Salaries Expense 4,000 4,000 Supplies Expense 3,000 3,000 Utilities Expense 2,000 2,000 Total $78,000 $78,000 16,000 36,000 62,000 42,000 Net Income 20,000 20,000 Total $ 36,000 $36,000 $ 62,000 $ 62,000

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