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The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit $ Debit 11,900 149,000 5,900 29,500 390,000 Accounts Cash
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit $ Debit 11,900 149,000 5,900 29,500 390,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $ 134,000 11,900 10,900 4,900 39,000 290,000 59,000 490,000 390,000 19,500 39,000 4,900 $1,039, 700 $1,039,700 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 Total current liabilities Total liabilities Long-term assets: Stockholders' Equity Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' equity
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