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Work 1 Saved 10 The December 31. Year 1, adjusted trial balance for a company is presented below. Credit Part 3 of 3 Debit $
Work 1 Saved 10 The December 31. Year 1, adjusted trial balance for a company is presented below. Credit Part 3 of 3 Debit $ 10,400 134,000 4.400 22,000 240,000 0.76 points Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenge salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $119,000 10,400 9,400 3,400 24,000 140,000 44,000 340,000 Dook 240,000 12,000 24,000 3,400 $690,200 $690,200 Prim 3. Prepare a classified balance sheet as of December 31, Year 1. (Amounts be deducted should be indicated by a minus sign.) References Balance Sheet December 31, Year 1 Assets Current assets Llabilities Current liabilities: Total current assets Total current liabilities Total liabilities Long-term assets Stockholders' Equity Total long-term assets Total sets Total stockholders' equity Total labs and sockholoursequity
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