Presented below is the adjusted trial balance of Kingbird Corporation at December 31, 2020. Credit Debit $ ? 1,650 1.450 48,450 $ 4,450 1,400 Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2027) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense 10,450 950 2.450 9.450 10,450 25.450 10,450 9,450 1.850 1,650 1.350 Total $ ? 2 Additional information: 1. 2. Net loss for the year was $3,850. No dividends were declared during 2020. Prepare a classified balance sheet as of December 31, 2020. (List Current Assets in order of liquidity.) KINGBIRD CORPORATION Balance Sheet Assets S > Liabilities and Stockholders' Equity V