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Required information [The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented
Required information [The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 11,100 Accounts Receivable 141,000 Prepaid Rent 5,100 Supplies 25,500 Equipment 310,000 Accumulated Depreciation $126,000 Accounts Payable 11,100 Salaries Payable 10,100 Interest Payable 4,100 Notes Payable (due in two years) 31,000 Common Stock 210,000 Retained Earnings 51,000 Service Revenue 410,000 Salaries Expense 310,000 Rent Expense 15,500 Depreciation Expense 31,000 Interest Expense 4,100 Totals $853,300 $853,300 3. Prepare a classified balance sheet as of December 31, 2018. (Amounts to be deducted should be indicated by a minu FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2018 Assets Liabilities Total current assets 0 Total current liabilities 0 0 Total long-term liabilities Stockholders' Equity 0 Total long-term assets Total assets O Total stockholders' equity Total liabilities and stockholders' equity $ $ 0
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