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The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Trucking: Accounts Accounts Payable
The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Trucking: Accounts Accounts Payable Amount $42,600 Accounts Receivable 83,400 Accumulated Depreciation- 28,000 Trucks Cash ? Common Stock 100,000 Prepaid Insurance 6,500 Prepaid Rent 12,000 Retained Earnings 215,000 Salaries Payable 12,500 Trucks 206,000 Supplies Unearned Fees 4,700 5,000 Prepare a classified balance sheet. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. You will not need to enter colons (:) on the Balance Sheet. For any amount which is subtracted, use a minus sign. Labels and Amount Descriptions Labels April 30 Current assets Current liabilities For the Period Ended April 30 Property, plant, and equipment Amount Descriptions Total assets Total current assets Total liabilities Total property, plant, and equipment
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