Question
The following is the ending balances of accounts at December 31, 2024, for the Wrismuller Publishing Company Accom Cash Accounts receivable Inventory Prepaid expenses
The following is the ending balances of accounts at December 31, 2024, for the Wrismuller Publishing Company Accom Cash Accounts receivable Inventory Prepaid expenses Equipment Accumulated depreciation Investments Accounts payabl Interest payable Beferred reveme 5 Alience for wllectible accounts Debris $87,000 182.000 294,000 170,000 342,000 163,000 11,000 31.000 27,00 Retained earnings Totals Additional information 1. Prepaid expenses include $142.000 paid on December 31, 2024 for two year of rent on the building that houses both the administrative offices and the manufacturing facility 2. Investments include $41,000 in Treasury bills purchased on November 30, 2024 The bills mature on January 30 2025. The remaining $121,000 is an investment in equity securities that the company intends to sell in the next year, 3. Deferred revenue represents customer prepayments for subscriptions Subscriptions are for periods of one year or less 4 The notes payable accourt consists of the following $51.000 note due in six months b$132,000 note due an six years ca$72.000 note due in theme annual installments of $24.000 each with the next installment due August 21 2025 5 The common stock account represents 411000 shares of no par value common stock sued and outstanding the crowmon has 822.000 shares authorized Required Prepare a classed balanced sheet for the Weismulier Pulishing Company at December 31, 2024 Note: Amounts to be deducted should be indicated by a minus sign
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