Presented below is the adjusted trial balance of De Young Corporation at December 31, 2017.

Additional information:

1. Net loss for the year was $5,500.

2. No dividends were declared during 2017.

Instructions

Prepare a classified balance sheet as of December 31, 2017.

Debits Credits Cash Office Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equ Trademarks Accounts Pavable Salaries and Wages Payable Unearned Service Revenue Bonds Payable, due 2019 Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense 2,640 2,200 105,600 ipment $ 8,800 2,090 22,000 1,100 4,400 19,800 22,000 55,000 22,000 19,800 3,080 2,640 1,980 Total