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l The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation: Cash, $3,600; Accounts Receivable, $7,600; Supplies, $17,600; Equipment, $106,000;
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The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation: Cash, $3,600; Accounts Receivable, $7,600; Supplies, $17,600; Equipment, $106,000; Accumulated Depreciation, $38,000; Accounts Payable, $24,600; Salaries Payable, $14,600; Common Stock, $46,000; and Retained Earnings.. Prepare the December 31, 2021, classified balance sheet including the correct balance for retained earnings. (Amounts to be deducted should be entered with minus sign.) BLUE DEVILS CORPORATION Balance Sheet December 31, 2021 Liabilities Current liabilities: Assets Current assets: Total current assets Long-term assets: Total current liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets Step by Step Solution
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