16 17 D Envision Limited has provided their Adjusted Trial Balance as at December 31, 2023....

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16 17 D Envision Limited has provided their Adjusted Trial Balance as at December 31, 2023. CREDITS Prepaid rent 10 Stage and lighting equipment 11 Accumulated depreciation equipment 12 Licenses 13 Accounts payable 14 Accrued liabilities 15 18 Account 6 Cash 7 Accounts receivable n Inventory 9 Unearned revenue Loan payable, due 2025 Common shares Retained earnings Admission revenue 19 20 Wages expense ning of year 21 Insurance expense 22 Materials expense 23 Interest expense 24 Totals 25 26 Additional information: 27 No dividends were declared during 2023. 28 DEBITS 32,000 48,000 4,000 2,000 280,000 43,000 50,000 37,000 3,000 5,000 50,000 90,000 111,000 315,000 160,000 12,000 75,000 5,000 661,000 661,000 29 REQUIRED: 30 Prepare a classified statement of financial position as at December 31, 2023. 31 16 17 D Envision Limited has provided their Adjusted Trial Balance as at December 31, 2023. CREDITS Prepaid rent 10 Stage and lighting equipment 11 Accumulated depreciation equipment 12 Licenses 13 Accounts payable 14 Accrued liabilities 15 18 Account 6 Cash 7 Accounts receivable n Inventory 9 Unearned revenue Loan payable, due 2025 Common shares Retained earnings Admission revenue 19 20 Wages expense ning of year 21 Insurance expense 22 Materials expense 23 Interest expense 24 Totals 25 26 Additional information: 27 No dividends were declared during 2023. 28 DEBITS 32,000 48,000 4,000 2,000 280,000 43,000 50,000 37,000 3,000 5,000 50,000 90,000 111,000 315,000 160,000 12,000 75,000 5,000 661,000 661,000 29 REQUIRED: 30 Prepare a classified statement of financial position as at December 31, 2023. 31

Answer rating: 100% (QA)

1 Assets Current Assets Cash 32000 Accounts Receivable 48000 Inventory 4000 Prepaid Rent 2000 Total ... View the full answer