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i have got through most if this but get stuck at the end. please help. 20. (15 points) The December 31, 2018, adjusted trial balance
i have got through most if this but get stuck at the end. please help.
20. (15 points) The December 31, 2018, adjusted trial balance (S in thousands) for Libby Corporation is presented Credits Debits 22.500 55.000 30.000 7,500 4,500 100,000 45,000 140,000 50,000 132.500 30,000 5.000 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventories Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Patents (unamortized balance) Accounts payable Notes payable, due 2017 Interest payable Bonds payable, due 2026 Common stock no par, 20,000 shares authorized, issued, and outstanding Retained eaming Sales Cost of Goods Sold Utilities Expense Salaries Expense Rent Expense Insurance Expense 37,500 65.000 10,000 120,000 150.000 64,500 258,000 125,000 9.500 55.000 24,000 44,500 Totals 792.500 792.500 Prepare a classified balance sheet in proper form for Libby Corporation at December 31, 2018 Step by Step Solution
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