Use the following Adjusted Trial Balance. Adjusted Trial Balance Debit Credit Cash $16,500 Accounts Receivable 18,200 Supplies 2,000 Prepaid Insurance 2,300 Equipment 14,000 Accounts Payable $14,200 Unearned Fee Revenue 4,300 Common Stock 31,000 Service Fee Revenue 21,500 Salaries Expense 12,000 Rent Expense 6,000 $71,000 $71,000 Prepare a classified Balance Sheet.

Use the following Adjusted Trial Balance. Adjusted Trial Balance Debit Credit Cash $16,500 Accounts Receivable 18,200 Supplies 2,000 Prepaid Insurance 2,300 Equipment 14,000 Accounts Payable $14,200 Unearned Fee Revenue 4,300 Common Stock 31,000 Service Fee Revenue 21,500 Salaries Expense 12,000 Rent Expense 6,000 $71,000 $71,000 Prepare a classified Balance Sheet.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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