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The first pic is for adjusted trial balance sheet and pic two is a classified balances sheet. please check my first adjusted trial balanced sheet
The first pic is for adjusted trial balance sheet and pic two is a classified balances sheet. please check my first adjusted trial balanced sheet whether its correct and help me out on classified balance sheet. i tried to make asset and liability equal but it does not work. Thanks for your help, positive rate ready. ona w Debits Credits $ 81,500.00 $ 100,580.00 $ 36,540.00 $ 10,000.00 11,250.00 $ 1,100.00 $ $ 78 470.00 73,500.00 6,000.00 $ 100,000.00 $ $ 15,000.00 625,650.00 32,000.00 2,200.00 6 Account payable 7 Account receiveable 8 Accumulated depreciation equipment 9 Depreciation expense 10 Marketbale securities 11 Interest revenue 12 Cash 13 Finished goods inventory 14 Available-for-sale securities 15 Common stock 16 Prepaid rent 17 Cost of goods sold 18 dividends declared 19 insurance expenses 20 Lease obligation 21 Equipment 22 General expenses 23 Interest expenses 24 Raw materials inventory 25 Rent expense 26 Prepaid insurance 27 Dividend revenue 28 Work-in-process inventory 29 Leased equipment 30 Salaries payable 31 Sales 32 Selling expenses 33 Retained earnings 34 Total amount 35 36 $ 5,200.00 $ $ $ 114,450.00 110,250.00 5,800.00 51,000.00 2,000.00 11,325 00 $ $ 10,250.00 52,200.00 6,000.00 $ $ 26,700.00 987,500.00 $ 136 210 00 '$ 1.443 885 00 $ 195,095 00 $ 1443 885 00! 4 Asset 5 6 Current Assets 7 Cash 8 Account receivable 9 Finished goods inventory 10 Work in process inevntory 11 Prepaid insurance 12 Marketbale security 13 Available for sale securities 14 Raw materials inventory 15 Prepaid rent 16 Total current assets 78470 100580 73500 52200 11325 11250 6000 51000 15000 399325 17 18 Fixed asset 19 Equipment 20 Accumulated depreciation - equipment 21 Total assets 114450 22 -36540 876560 23 Liabilites and Equity 24 Account payable 25 Dividends declared 26 Salaries payable 27 Lease equipment 28 Lease obligation 81500 32000 26700 6000 5200 30 Shareholder's equity 31 Common stock 32 retained earnings 33 Total liabilities and equity 34 100000 35 195095 36 446495 .. A single
The first pic is for adjusted trial balance sheet and pic two is a classified balances sheet. please check my first adjusted trial balanced sheet whether its correct and help me out on classified balance sheet. i tried to make asset and liability equal but it does not work. Thanks for your help, positive rate ready.
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