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[The following information applies to the questions displayed below.] Dynamite Sales (organized as a corporation on September 1, 2022) has completed all but the closing

image text in transcribedimage text in transcribedimage text in transcribed [The following information applies to the questions displayed below.] Dynamite Sales (organized as a corporation on September 1, 2022) has completed all but the closing process in the accounting cycle for the second year ended August 31, 2024. Dynamite's trial balance follows: \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|c|}{ DYNAMITE SALES } \\ \hline \multicolumn{2}{|c|}{ Assetsce Sheet } \\ \hline Current Assets & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total current assets & & \\ \hline Noncurrent Assets & & $ \\ \hline & & \\ \hline & & \\ \hline Current Liabilities & & \\ \hline Total assets & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{1}{|c|}{ Liabilities and Stockholders' Equity } & & \\ \hline Current Liabilities & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total current liabilities & & \\ \hline Long-Term Liabilities & & \\ \hline & & \\ \hline Total liabilities & & \\ \hline Stockholders' Equity & & \\ \hline Contributed capital & & \\ \hline & & \\ \hline \end{tabular}

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