Reference - X White Glove Cleaning Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 104,513 Accounts Receivable 1,600 Merchandise Inventory 4,329 Estimated Returns Inventory 640 Cleaning Supplies 70 Prepaid Rent 800 Prepaid Insurance 500 Equipment 2,500 Truck 6,000 Accumulated Depreciation $ 284 Accounts Payable 1,300 Salaries Payable 400 Interest Payable 558 Refunds Payable 500 Unearned Revenue 28,875 Notes Payable 42,000 Common Stock 28,000 Retained Eamings 3,415 Service Revenue 2,750 Sales Revenue 18,825 Cost of Goods Sold 3,463 Salaries Expense 400 Sales Commissions Expense 580 Utilities Expense 500 Depreciation Expense 142 Rent Expense 400 Insurance Expense 50 420 Interest Expense $ 126,907 $ 126,907 Total Print Done Prepare a classified balance sheet using the report format. Start by preparing the assets section of the statement. In the next step, prepare the liabilities and stockholders' equity sections to complete the balance sheet. Assume the note payable is long-term. (Click the icon to view the adjusted trial balance prepared in Requirement 2.) White Glove Cleaning Balance Sheet December 31, 2018 Assets Less: Accounts Payable Accounts Receivable Accumulated Depreciation Cash Cleaning Supplies Common Stock Cost of Goods Sold Depreciation Expense Dividends Equipment Estimated Returns Inventory Income Summary Insurance Expense Interest Expense Interest Payable Merchandise Inventory Notes Payable Prepaid Insurance Prepaid Rent Refunds Payable Rent Expense Retained Earnings Salaries Expense Salaries Payable Sales Commissions Expense Sales Revenue Service Revenue Truck Unearned Revenue Utilities Expense Current Assets: Current Liabilities: Expenses: Long-term Liabilities: Property, Plant, and Equipment: Revenues: Total Assets Total Current Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Property, Plant, and Equipment Total Stockholders' Equity