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Prepare a classified balance sheet as of December 3 1 , 2 0 2 5 . E 4 . 1 2 ( LO 1 )
Prepare a classified balance sheet as of December
ELO Preparation of a Balance Sheet Presented below is the trial balance of Scott Butler Corporation at December
Debit
Credit
Cash
$
Sales Revenue
$
Debt Investments tradingat cost $
Cost of Goods Sold
Debt Investments longterm
Equity Investments longterm
Notes Payable shortterm
Accounts Payable
Selling Expenses
Investment Revenue
Land
Buildings
Dividends Payable
Accrued Liabilities
Accounts Receivable
Accumulated DepreciationBuildings
Allowance for Doubtful Accounts
Administrative Expenses
Interest Expense
Inventory
Gain
Notes Payable longterm
Equipment
Bonds Payable
Accumulated DepreciationEquipment
Franchises
Common Stock $ par
Treasury Stock
Patents
Retained Earnings
Paidin Capital in Excess of Par
Totals
$
$
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