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The December 31, 2024, post-closing trial balance for Secure Corporation is presented below: Accounts Cash Accounts receivable Debit $ 22,100 Credit Prepaid insurance Supplies
The December 31, 2024, post-closing trial balance for Secure Corporation is presented below: Accounts Cash Accounts receivable Debit $ 22,100 Credit Prepaid insurance Supplies Long-term investments Land Buildings Accumulated depreciation Accounts payable 22,200 4,600 170,000 60,000 42,000 273,000 $ 84,000 37,800 Notes payable, due 2025 66,000 Interest payable 10,000 Notes payable, due 2034 125,000 Common stock 200,000 Retained earnings 71,100 $ $ Totals 593,900 593,900 Prepare a classified balance sheet for Secure Corporation at December 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) Assets Current assets: SECURE CORPORATION Balance Sheet As of December 31, 2024 Current liabilities: Liabilities and Stockholders' Equity Total current assets Long-term assets: Total current liabilities Long-term liabilities: Total long-term assets Total assets Total liabilities Stockholders' Equity: Total stockholders' equity Total liabilities and stockholders' Jequity
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