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Required information The following information applies to the questions displayed below! The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented
Required information The following information applies to the questions displayed below! The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 10,800 Accounts Receivable 138,000 Prepaid Fent 4,800 Supplies 24,690 Equipment 280,000 Accumulated Depreciation $123,000 Accounts Payable 10,800 Salaries Payable 9,800 Interest Payable 3,800 Notes Payable (due in two years) 28,000 Canon Stock 188,000 Retained Earnings 48,000 Service Revenue 380,000 Salaries Expense 280,000 Rent Expensa 14,000 Depreciation Expense 28,000 Interest Expense 3,800 Totats $783,400 $783, 400 3. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Assets Liabilities Current assets Current liabilities Total current assets 0 Total current liabilities 0 Total liabilities 0 Long-term assets Stockholders' Equity 0 Total long-term assets Total assets 0 Total stockholders' equity 0 Total liabilities and stockholders' equity S $ 0
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