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help with balance sheet!!! ! Required information (The following information applies to the questions displayed below.] The following is the adjusted trial balance of Sierra
help with balance sheet!!!
! Required information (The following information applies to the questions displayed below.] The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital #. Sierra, withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $ 31,000 1,800 6,600 85,000 $ 25,000 9,000 9,500 30,000 7,500 74,500 4,800 8,500 2,800 $ 148,000 $148,000 Use the information adjusted trial balance to prepare Sierra Company's classified balance sheet as of December 31. SIERRA COMPANY Balance Sheet December 31 Balance Sheet December 31 Total current assets 0 Total assets $ 0 Total liabilities Total liabilities and equityStep by Step Solution
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