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Prepare a classified balance sheet at November 30. (List Current Assets in order of liquidity.) LARKSPUR Balance Sheet November 30, 2022 Assets Current Assets Cash

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Prepare a classified balance sheet at November 30. (List Current Assets in order of liquidity.) LARKSPUR Balance Sheet November 30, 2022 Assets Current Assets Cash 2096 SAR Accounts Receivable 624 > Inventory 2128 Supplies 960 Total Current Assets 5808 Property, plant and Equipment Equipment 18000 Less Accumulated Depreciation-Equipment 750 Total Property, plant and Equipment 17250 Total Assets 23058 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable 4260 Unearned Service Revenue 390 Salaries and Wages Payable 300 Total Current Liabilities 4950 Stockholders' Equity Common Stock 12000 Retained Earnings 6108 Total Stockholders' Equity 18108 Total Liabilities and Stockholders' Equity 23058 (9) Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and explanation Debit Credit Nov. 30 (To close revenue accounts and other accounts with credit balances.) Nov. 30 (To close expense accounts and other accounts with debit balances.) Nov. 30 (To close income summary.) Post the closing entries. (Post entries in the order of journal entries presented above. For accounts that have a zero balance select "11/30 Bal." from the list and enter o for the amount.) 11/1 Bal. 11/10 11/19 11/22 11/29 11/30 Bal. 2,130 4,528 1,800 225 780 1,140 3,300 11/1 Bal. 11/12 11/29 11/30 Bal. Cash 5,400 11/8 1,140 11/20 3,234 11/28 1,380 11/29 405 11/29 2,096 Accounts Receivable 1,344 11/10 3,300 11/19 420 6241 Inventory 4,800 11/12 11/15 11/20 2,128 Supplies 516 Ad). 1,020 960 11/11 2,400 180 92 11/30 Bal. 576 11/1 Bal. 11/27 11/30 Bal. 11/1 Bal. 11/25 11/30 Bal. 600 150 750 11/15 11/20 11/28 Equipment 15,000 3,000 18,000 Accumulated Depreciation Equipment 11/1 Bal. Adj. 11/30 Bal. Accounts Payable 180 11/1 Bal. 4,620/11/11 1,800 11/25 11/27 11/30 Bal. Unearned Service Revenue 2,415 11/1 Bal. 11/29 11/30 Bal. Salaries and Wages Payable 1,020 11/1 Bal. Adj. 11/30 Bal. Common Stock 11/1 Bal. 11/30 Bal. 2,040 4,800 3,000 1,020 4,260 Adj. 2,400 405 390 11/8 1,020 300 300 12,000 12,000 Retained Earnings 11/1 Bal. 4,200 Service Revenue 11/22 1,380 11/29 420

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