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Required information SIERRA COMPANY Balance Sheet December 31 Total current assets Total assets Total liabilities Total equity Total liabilities and equity CIT05 NUMEWUIK 1 I ...*********************................................********************.................................********************...............................************************ Required information Use the following information for Quick Studies below. . (The following information applies to the questions displayed below.) Part 2 of 2 The following is the adjusted trial balance of Sierra Company. points eBook Hint Print References Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) Common stock Retained earnings Dividends Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $17,000 1,100 5,200 50,000 $18,000 5,500 6,000 8,000 11,500 4,000 39,500 4,100 5,000 2,100 $88,500 $88,500 HOS..3.23.Prenarina a.classified balance sheet.l.O.C.3......... Mc