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The December 31, 2024, post-closing trial balance for Secure Corporation is presented below: Accounts Cash Accounts receivable Debit Credit $ 22,900 22,800 Prepaid insurance
The December 31, 2024, post-closing trial balance for Secure Corporation is presented below: Accounts Cash Accounts receivable Debit Credit $ 22,900 22,800 Prepaid insurance Supplies Long-term investments Land Buildings Accumulated depreciation Accounts payable. Notes payable, due 2025 Interest payable Notes payable, due 2034 Common stock Retained earnings Totals 4,400 200,000 51,000 49,000 273,000 $85,000 37,900 66,000 13,000 121,000 220,000 80,200 $623,100 $ 623,100 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 Liabilities and Stockholders' Equity Current liablities: Total current liabilities Long-term liabilities: Total current assets
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