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Presented below is the adjusted trial balance of Tamarisk, Inc. at December 31, 2017. Prepare a classified balance sheet as of December 31, 2017. Tamarisk,

Presented below is the adjusted trial balance of Tamarisk, Inc. at December 31, 2017. image text in transcribed

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

image text in transcribed

image text in transcribed

Tamarisk, Inc. Balance Sheet December 31, 2017 Assets Current Assets Cash $ Accounts Receivable Supplies Prepaid Insurance Total Current Assets $ Equipment Less Accumulated Depreciation-Equipment Trademarks Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Salaries and Wages Payable Unearned Service Revenue Total Current Liabilities Long-term Liabilities Bonds Payable $ Total Liabilities Stockholders' Equity Common Stock Additional Paid-in Capital V Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity

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