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Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash Accounts receivable Interest receivable Prepaid insurance Long-term notes receivable Equipment Accumulated
Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash Accounts receivable Interest receivable Prepaid insurance Long-term notes receivable Equipment Accumulated $3,380 depreciation Accounts payable 2,780 695 Dividends payable Accrued expenses payable 4,680 Income taxes payable 2,060 Unearned rent revenue 595 Common Stock (800 80 shares) Additional paid-in 3,810 capital Retained earnings 1,780 Sales revenue 41,350 Rent revenue 895 Interest revenue 195 Wages expense 19,880 Depreciation expense 1,876 Utilities expense 418 Insurance expense 788 Rent expense 9,950 2,060 Income tax expense Total $62,300 $62,300 Prepare a classified balance sheet for the end of the current year. $1,880 2,580 138 1,790 3,750 17,190 Assets Current assets: CATENA'S MARKETING COMPANY Balance Sheet At the end of current year Total current assets Total assets Liabilities Current liabilities: Total current liabilities $ 0 0 Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity 0 0
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