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Presented below is the adjusted trial balance of Pharoah Corporation at December 31, 2017. Debit Credit Cash $ ? Supplies 1,490 Prepaid Insurance 1,290 Equipment

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

Debit

Credit

Cash

$ ?

Supplies

1,490

Prepaid Insurance

1,290

Equipment

48,290

Accumulated Depreciation-Equipment

$ 4,290

Trademarks

1,240

Accounts Payable

10,290

Salaries and Wages Payable

790

Unearned Service Revenue

2,290

Bonds Payable (due 2024)

9,290

Common Stock

10,290

Retained Earnings

25,290

Service Revenue

10,290

Salaries and Wages Expense

9,290

Insurance Expense

1,690

Rent Expense

1,490

Interest Expense

1,190
Total $ ? $ ?

Additional information:

1. Net loss for the year was $3,370.
2. No dividends were declared during 2017.

Prepare a classified balance sheet as of December 31, 2017

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