Question
The following account balances appear in the 2018 adjusted trial balance of Blue Devils Corporation: Cash, $4,800; Accounts Receivable, $8,800; Supplies. $18,800; Equipment, $118,000; Accumulated
The following account balances appear in the 2018 adjusted trial balance of Blue Devils Corporation: Cash, $4,800; Accounts Receivable, $8,800; Supplies. $18,800; Equipment, $118,000; Accumulated Depreciation, $44,000; Accounts Payable, $25,800: Salaries Payable, $15,800; Common Stock, $58,000; and Retained Earnings.. Prepare the December 31, 2018, classified balance sheet including the correct balance for retained earnings. (Amounts to be deducted should be entered with minus sign.) BLUE DEVILS CORPORATION Balance Sheet December 31, 2018 Current assots: Assets Liabilities Current liabilities Total current assets Long-term assets Total current liabilities Stockholders' Equity Total assets Total stockholders' equity Total liabilities and stockholders' equity
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