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The adjusted trial balance for Pharoah's Animations is presented below. PHAROAH COMPANY Adjusted Trial Balance December 31, 2021 Credit Cash Accounts receivable Prepaid expenses Equipment

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The adjusted trial balance for Pharoah's Animations is presented below. PHAROAH COMPANY Adjusted Trial Balance December 31, 2021 Credit Cash Accounts receivable Prepaid expenses Equipment Accumulated depreciation-equipment $16,500 Accounts payable 5,300 Unearned revenue 10,000 M. Pharoah, capital 14,000 M. Pharoah, drawings Service revenue 65,600 Rent expense Salaries expense Supplies expense Depreciation expense $111,400 Debit $3,700 4,500 2,500 44,000 16,000 8.500 24.800 5,500 > Prepare a classified balance sheet at December 31, 2021 (List Current Assets in order of liquidity) PHAROAH COMPANY Balance Sheet Assets $ $ V 4 Liabilities and Owner's Equity e Textbook and Media Liabilities and Owner's Equity

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