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The following is a December 31, 2018, post-closing trial balance for Culver City Lighting, Inc. Credits Account Title Cash Accounts receivable Inventories Prepaid insurance Equipment

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The following is a December 31, 2018, post-closing trial balance for Culver City Lighting, Inc. Credits Account Title Cash Accounts receivable Inventories Prepaid insurance Equipment Accumulated depreciation equipment Patent, net Accounts payable Interest payable Note payable (due in 10, equal annual installments) Common stock Retained earnings Totals Debits 62,000 46,000 52,000 22,000 100,000 47,000 41,000 15,500 5,500 130,000 77,000 60,000 329,000 329,000 Prepare a classified balance sheet for Culver City Lighting, Inc. (Amounts to be deducted should be indicated by a minus sign. CULVER CITY LIGHTING, INC. Balance Sheet At December 31, 2018 0 CULVER CITY LIGHTING, INC. Balance Sheet At December 31, 2018 Current assets Current liabilities Intangible assets Long-term liabilities 0 0 S 0 0

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