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The December 31, 2021, post-closing trial balance for Strong Corporation is presented below. Credit Accounts Cash Accounts receivable Prepaid insurance Supplies Long-Term Investments Land Buildings

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The December 31, 2021, post-closing trial balance for Strong Corporation is presented below. Credit Accounts Cash Accounts receivable Prepaid insurance Supplies Long-Term Investments Land Buildings Accumulated depreciation Accounts payable Notes payable, due 2022 Interest payable Notes payable, due 2031 Common stock Retained earnings Totals Debit $ 22,300 22,500 4,500 190,000 55,000 45,000 279.000 87,000 37,700 62,000 15,000 126,000 160.000 130,600 $618,300 $618,300 Prepare a classified balance sheet for Strong Corporation at December 31, 2021 (Amounts to be deducted should be indicated with a minus sign.) STRONG CORPORATION Balance Sheet As of December 31, 2021 Assets Llabilities and Stockholders' Equity Current Assets Current liabilities Total current liabilities Long-term labis Total current assets Long-term assets Total abilities Stockholders' Equity Total long-term assets Total assets Total stockholders' equity Total abilities and stockholders' equity

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