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The December 31, 2024, post-closing trial balance for Ruby Corporation is presented below: Accounts Debit Credit Cash $ 23,300 Accounts Receivable 23,100 Prepaid Insurance 4,100
The December 31, 2024, post-closing trial balance for Ruby Corporation is presented below: Accounts Debit Credit Cash $ 23,300 Accounts Receivable 23,100 Prepaid Insurance 4,100 Supplies 210,000 Long-Term Investments 52,000 Land 45,000 Buildings 276,000 Accumulated Depreciation 86,000 Accounts Payable 37,500 Notes Payable, due < 1 year 69,000 Notes Payable, due in 6 years 127,000 Interest Payable, due < 1 year 15,000 Common stock 160,000 Retained Earnings 139,000 Totals $ 633,500 $ 633,500 Prepare a classified balance sheet for the company as of December 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) Select accounts from the drop-down lists rather than typing them
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