Question: please answer this with detailed info Presented below is the adjusted trial balance of Wildhorse Corporation at December 31, 2020. Debit Credit Cash $ ?


please answer this with detailed info



Presented below is the adjusted trial balance of Wildhorse Corporation at December 31, 2020. Debit Credit Cash $ ? Supplies 1,560 Prepaid Insurance 1,360 Equipment 48,360 Accumulated Depreciation-Equipment $ 4,360 Trademarks 1,310 Accounts Payable 10,360 Salaries and Wages Payable 860 Unearned Service Revenue 2,360 Bonds Payable (due 2027) 9,360 Common Stock 10,360 Retained Earnings 25,360 Service Revenue 10,360 Salaries and Wages Expense 9,360 Insurance Expense 1,760 Rent Expense 1,560 Interest Expense 1,260 Total $ $Additional information: 1. Net loss for the year was $3,580. 2. ds were declared during 2020. Prepare a classified balance sheet as of December 31, 2020. (List Current Assets in order of liquidity.) WILDHORSE CORPORATION Balance Sheet December 31, 2020 v Assets Current Assets V Cash $ office supply Prepaid Insurance Current Liabilities V $ Long-term Liabilities V V : V V $ Liabilities and Stockholders' Equity $Prepaid Insurance Current Liabilities Long-term Liabilities V : V V $ Liabilities and Stockholders' Equity v V V V v V v $/
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