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Use the adjusted trial balance accounts to create a list of the balance sheet accounts in order. This should be a properly classified balance sheet

Use the adjusted trial balance accounts to create a list of the balance sheet accounts in order. This should be a properly classified balance sheet with appropriate headings and subtotals for current assets, property, plant & equipment, other long-term assets, current liabilities, long-term liabilities, total liabilities, and total equity. You do not need to include the account balances ONLY SET UP THE BALANCE SHEET, don't worry about the account balances.image text in transcribed

H 1 J Adjustments Debit Credit $ $ S S S S S S K L Current Year Adjusted Trial Balance Debit Credit $ 79,226 $ S 361,500 $ $ 13,685 S $ 14,874 $ S 304,975 $ $ 2,190,000 $ $ $ 350,000 $ 795,000 $ $ 725,000 S Liability B C D E G Account Labels Current Year Prior Year Balance Unadjusted Trial Balance Element Cor LT Por T Debit Credit Debit Credit Asset Current Temp. $ 92,100 $ 79,226 S $ Asset Current Tomp $ 361,500 $ 361,500 $ $ Asset Long-Term Tomp $ 24,600 $ 13,685 S S Asset Current Temps 2,000 $ S 14,874 S S S Asset Long-Term Pers 304,975 S 304,975 $ S Asset Long-Term Perm$ 2,190,000 $ 2.190,000 $ S Gain/Loss Long-Terre Perm $ 280,000 $ $ 350,000 $ Asset Long Term Perms 795,000 $ 795,000 $ S Gain/1055 Long-Term Perm $ 580,000 $ 725,000 $ S $ $ S S S Liability Current Temp $ 17,600 $ S 17,600 S Current Perm $ 30.2009 $ 60,558 $ S 9 $ 30,000 $ S S 482,549 S S S $ $ $ $ $ S S Liability Current Terp $ 1,000,000 $ $ 1,000,000 $ Equity Term Terp $ 1,400,000 $ $ 1,400,000 S $ $ Equity Long Term Teme $ 462,375$ S $ 462,375 S S $ S S S S $ $ S 10,915 $ $ 30,358 $ S $ $ 215,000 $ S $ 30,000 $ $ $ 482,549 $ $ $ $ S $ 3,770,175 $ 3.770,175 S 4,528,082 $ 4,528,082 $ 1 Description 2 4 Cash 5 Accounts Receivable 6 Supplies 7 Prepaid Advertising 8 Land 9 Building 10 Accumulated Depreciation - Building 11 Equipment 12 Accumulated Depreciation - Equipment 13 Automobiles 14 Accumulated Depreciation - Automobiles 15 Accounts Payable 16 Wages Payable 17 Interest Payable 18 Income Taxes Payable 19 Property Taxes Payable 20 Dividends Payable 21 Note Payable - Current 22 Note Payable - Long Term 23 Common Stock 24 Additional Paid-In Capital - Common 25 Retained Earnings 26 Dividends 27 Service Revenue 28 Advertising Expense 29 Supplies Expense 30 Wages Expense 31 Property Tax Expense 32 Depreciation Expense 33 Interest Expense 34 Income Tax Expense 35 Other Gains/Losses 36 Totals 37 Net Income 38 39 Ending Retained Earnings Current Year 40 $ S $ $ $ S $ $ $ S $ c S $ S S S S S S S $ S S S 17,600 $ 60,558 S $ 30,000 S S 482,549 $ S S S S $ S 1,000,000 S 1,400,000 S $ $ $ 462.375 S $ $ $ S $ S 10,915 $ $ 30,358S $ $ S 215,000 $ S 30,000 $ S 482,549 $ S $ 4,528,082 S 4,528,082 $

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