Prepare a classified year-end balance sheet, (Note: A $9,000 installment on the long-term note payable is due within one year.) The calendar year-end adjusted trial balance for Blessinger Co. follows BLESSINGER CO. Adjusted Trial Balance December 31, 2017 $112,000 27,000 Cash Accounts receivable Prepaid Prepaid Insurance Office supplies Office equipment Accumulated depreciation-Equipment Building Accumulated depreciation-Building 15,000 rent 9,000 3,300 38,000 $3,200 288,000 2,000 700,000 Land Accounts payable Salaries payable 25,800 14,500 2,500 Interest payable 72,000 910,000 Long-term note payable P.Blessinger, Capital P. Blessinger, Withdrawals Service fees earned Salaries expense 200,500 430,800 90,000 5,200 Insurance expense 5,000 Rent expense 800 Depreciation expense-Equipment Depreciation expense-Building Totals 7,000 $1.500,800 $1.500,800 From the adjusted trial balance for Fabricated Products Company given below, prepare the necessary closing entries. Fabricated Products Company Adjusted Trial Balance December 31, 2017 Credit Debit $19,400 25,000 26,000 1,900 84,000 Cash Accounts receivable Merchandise inventory Office supplies Store equipment Accumulated depreciation-store equipment Office equipment Accumulated depreciation-office equipment Accounts payable Notes payable P.Card, Capital P.Card, Withdrawals Sales Sales discounts $22,000 40,000 15,000 12,000 40,000 110,700 28,000 245,000 6,000 16,500 145,000 32,500 11,000 Sales returns and allowances Cost of goods sold Sales salaries expense Depreciation expense-store equipment Depreciation expense-office equipment Office supplies expense 7,500 1,300 600 Interest expense Totals $444,700 $444.700 Credit Debit P. R. Account Titles and Explanation Date