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The adjusted trial balance data given below is from Cameron White Company's worksheet for the year ended December 31, 20x1. The balance of the
The adjusted trial balance data given below is from Cameron White Company's worksheet for the year ended December 31, 20x1. The balance of the Notes Payable account consists of notes that are due within a year The mortgage extends for more than a year. The ending capital for the period from the statement of owner's equity is $70,660 ACCOUNT NAME Cash Petty Cash Fund Notes Receivable Accounts Receivable ADJUSTED TRIAL BALANCE Allowance for Doubtful Accounts Herchandise Inventory office Supplies Prepaid Insurance Land Building Accumulated Depreciation Building Store Equipment office Equipment DEBIT $9,000 CREDIT 230 3,300 14,800 $2,400 64,000 500 3,200 9,300 41,000 8,300 Accumulated Depreciation 7,000 Store Equipment 3,000 5,000 Accumulated Depreciation Office Equipment 2,000 Notes Payable-Short-Term Accounts Payable 13,000 17,000 Interest Payable 450 30,000 Hortgage Payable Prepare a classified balance sheet as of December 31, 20x1 (Be sure to list the accounts in order of their liquidity. Input all amount as positive values.)
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