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INSTRUCTIONS: Below is the Trial Balance for Thayer Company. Using formulas and cell links, complete the Balance Sheet. The format is provided. Leave off $.

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INSTRUCTIONS: Below is the Trial Balance for Thayer Company. Using formulas and cell links, complete the Balance Sheet. The format is provided. Leave off $. The cells are already formatted. Thayer Company Trial Balance December 31, 2021 Credit Debit 50,000 105,000 3,000 - Account Cash Accounts Receivable Allowance for Bad Debts Prepaid Advertising Supplies Land Building Accumulated Depreciation--Buildina 1 5 5 5,000 1,860 137,320 80,400 15 000 7 N 70,000 10,000 5,000 3,000 900 600 50,000 70,000 Equipment Accumulated Depreciation--Equipment Notes Payable Taxes Payable Salaries and Wages Payable Interest Payable Bonds Payable, due December 31, 2025 Common Stock Dividends Retained Earnings, January 1, 2021 Service Revenue Interest Expense Utilities Expense Advertising Expense Salaries and Wages Expense Depreciation Expense 10,600 154,000 215,000 2,400 1,320 1,560 53,040 8,000 526 500 520 500 Accumulated Depreciation--Equipment Total Property, Plant & Equipment Total Assets Liabilities & Stockholders' Equity Current Liabilities Notes Payable Taxes Payable Salaries and Wages Payable Interest Payable Total Current Liabilities Long-term Liabilities Bonds Payable, due December 31, 2025 Total Liabilities Stockholders' Equity Common Stock Thayer Company Balance Sheet December 31, 2021 Assets Current Assets Cash Accounts Receivable Allowance for Bad Debts Supplies Prepaid Advertising Total Current Assets Property, Plant, & Equipment Land Building Accumulated Depreciation--Building Fauinment Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity

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