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The December 31, 2021, post-closing trial balance for Antarctica Corporation is presented below: Prepare a classified balance sheet for the company as of December 31,
The December 31, 2021, post-closing trial balance for Antarctica Corporation is presented below:
Prepare a classified balance sheet for the company as of December 31, 2021.
\begin{tabular}{|c|c|c|c|} \hline Accounts & & Debit & Credit \\ \hline Cash & $ & 6,900 & \\ \hline Accounts Receivable & & 2,700 & \\ \hline Prepaid Insurance & & 5,500 & \\ \hline Supplies & & 1,300 & \\ \hline Long-Term Investments & & 7,000 & \\ \hline Land & & 80,000 & \\ \hline Buildings & & 200,000 & \\ \hline Accumulated Depreciation & & & 25,000 \\ \hline Accounts Payable & & & 2,300 \\ \hline Notes Payable, due
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