What is the amount shown for Total Long-term Assets shown on the Classified Balance Sheet you...

  

 

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What is the amount shown for Total Long-term Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc.. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Cash Adjusted Trial Balance As of 12/31/20xx Accounts Prepaid Rent Supplies Building Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (due in 24 months Common Stock Retained Earnings Dividends Service Revenue Rent Expense Supplies Expense Utility Expense Totals Depreciation Expense Debit $25,485 5,700 4,400 100,000 4,000 900 Credit $6,000 1,800 1,300 80,485 2,100 46,400 12,400 3,000 1,000 6,000 $150,485 $150,485 Additional Information: Beginning Balance of Common Stock on 1/1/20xx $2,100 Beginning Balance of Retained Earnings on 1/1/20xx $46,400 • No new stock was issued during the accounting period. Hint: Please remember the formula for retained earnings when preparing this statement. . . ● What is the amount shown for Total Long-term Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc.. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Cash Adjusted Trial Balance As of 12/31/20xx Accounts Prepaid Rent Supplies Building Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (due in 24 months Common Stock Retained Earnings Dividends Service Revenue Rent Expense Supplies Expense Utility Expense Totals Depreciation Expense Debit $25,485 5,700 4,400 100,000 4,000 900 Credit $6,000 1,800 1,300 80,485 2,100 46,400 12,400 3,000 1,000 6,000 $150,485 $150,485 Additional Information: Beginning Balance of Common Stock on 1/1/20xx $2,100 Beginning Balance of Retained Earnings on 1/1/20xx $46,400 • No new stock was issued during the accounting period. Hint: Please remember the formula for retained earnings when preparing this statement. . . ●

Answer rating: 100% (QA)

Assets Current Assets Cash 25485 Supplies 4400 Prepaid Rent 5700 Total ... View the full answer