LO6 adjusting entries once a year. Jully UJUJUUNI P9.7A. Preparation of Balance Sheet Ari Company's December 31 post-closing trial balance contains the following normal balances: A1BC Cash....... Accounts payable............ Building... Long-term notes payable ....... Common stock ....... Retained earnings ........ Accumulated depreciation Equipment. ............... Land ................. Accounts receivable...... Accumulated depreciation Building Wages payable............ Patent (net of amortization)..... Notes payable (short term)...... Inventory Equipment ........ Allowance for doubtful accounts.. $ 19,000 20,000 439,500 785,000 950,000 75,000 180,000 877,000 22,500 135,000 6,000 120.000 131,000 206.000 600,000 2,000 . .......... Required Prepare a December 31 classified balance sheet for Ari Company