Presented below is the adjusted trial balance of Sunland Corporation at December 31, 2025. Debit Credit...
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Presented below is the adjusted trial balance of Sunland Corporation at December 31, 2025. Debit Credit Cash $ ? Supplies Prepaid Insurance Equipment 1,350 1,150 48,150 Accumulated Depreciation-Equipment $ 4,150 Trademarks 1,100 Accounts Payable 10,150 Salaries and Wages Payable 650 Unearned Service Revenue 2,150 Bonds Payable (due 2032) 9,150 Common Stock 10,150 Retained Earnings 25,150 Service Revenue 10,150 Salaries and Wages Expense 9,150 Insurance Expense 1,550 Rent Expense 1,350 Interest Expense 1,050 Total $ ? $ ? Additional information: 1. Net loss for the year was $2,950. 2. No dividends were declared during 2025. repare a classified balance sheet as of December 31 2025 (List Current Assets in order of liquidity. .. Prepare a classified balance sheet as of December 31, 2025. (List Current Assets in order of liquidity. Enter account name only and do not provide the descriptive information provided in the question.) Sunland Corporation Balance Sheet Assets Liabilities and Stockholders' Equity $ A A Presented below is the adjusted trial balance of Sunland Corporation at December 31, 2025. Debit Credit Cash $ ? Supplies Prepaid Insurance Equipment 1,350 1,150 48,150 Accumulated Depreciation-Equipment $ 4,150 Trademarks 1,100 Accounts Payable 10,150 Salaries and Wages Payable 650 Unearned Service Revenue 2,150 Bonds Payable (due 2032) 9,150 Common Stock 10,150 Retained Earnings 25,150 Service Revenue 10,150 Salaries and Wages Expense 9,150 Insurance Expense 1,550 Rent Expense 1,350 Interest Expense 1,050 Total $ ? $ ? Additional information: 1. Net loss for the year was $2,950. 2. No dividends were declared during 2025. repare a classified balance sheet as of December 31 2025 (List Current Assets in order of liquidity. .. Prepare a classified balance sheet as of December 31, 2025. (List Current Assets in order of liquidity. Enter account name only and do not provide the descriptive information provided in the question.) Sunland Corporation Balance Sheet Assets Liabilities and Stockholders' Equity $ A A
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