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Presented below is the adjusted trial balance of Larkspur, Inc. at December 31, 2017 Debit Credit Cash $ ? 750 3,560 2.420 80,140 $ 20.580
Presented below is the adjusted trial balance of Larkspur, Inc. at December 31, 2017 Debit Credit Cash $ ? 750 3,560 2.420 80,140 $ 20.580 4,140 3,420 1,600 1,040 Supplies Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2024) Common Stock Additional paid-in capital Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense Total 31.880 2.680 15,700 14,380 30.020 14,620 2,200 3,300 2.360 $ ? $ Additional information: 1. Net income for the year was $7.540. No dividends were declared during 2017 2. Prepare a classified balance sheet as of December 31, 2017. (List Current Assets in order of liquidity) Larkspur, Inc. Balance Sheet Assets V V v v Liabilities and Stockholders' Equity v V v
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