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The post-closing trial balance of Euler Real Estate Appraisal at June 30, 2020 is provided. (Click the icon to view the post-closing trial balance.) Required
The post-closing trial balance of Euler Real Estate Appraisal at June 30, 2020 is provided. (Click the icon to view the post-closing trial balance.) Required Prepare a classified balance sheet at June 30, 2020. Use three columns for the amounts. Complete the classified balance sheet using three columns. (Leave unused cells blank.) Euler Real Estate Appraisal Balance Sheet June 30, 2020 Assets Current assets: (Click the icon to view the post-closing trial balance.) Required Prepare a classified balance sheet at June 30, 2020. Use three columns for the amounts. Total current assets Property, plant, and equipment: Less: Report a Classified balance sheet at June 30, 2020. Use three columns for the amounts. Less: Total property, plant, and equipment Total assets Liabilities Current liabilities: Required Prepare a classified balance sheet at June 30, 2020. Use three columns for the amounts. Total current liabilities Long-term liabilities: Total liabilities Owner's Equity Total liabilities and owner's equity Post-closing trial balance Euler Real Estate Appraisal Post-Closing Trial Balance June 30, 2020 Balance Account Title Debit Credit Cash Accounts receivable Office supplies Prepaid insurance $ 5,200 5,900 1,700 1,780 Land 12,200 Building 80,000 Accumulated amortization-building S9 $ 30,240 Post-closing trial balance Office supplies 1,700 Prepaid insurance 1,780 Land 12,200 Building 80,000 Accumulated amortization-building $ 30,240 Accounts payable 18,300 Interest payable 8,800 Salaries payable. Unearned revenue Note payable E. Euler, capital Total 2,450 7,450 35,000 4,540 EA $ 106,780 $ 106,780
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