Question 33 4.75 pts (New Problem - not a continuation of the prior problem) Classified Balance Sheet - four (4) questions Instructions: Please prepare a Classified Balance Sheet on your scratch paper based on the following Partial Adjusted Trial Balance. Use this Classified Balance Sheet to answer this question and the next three (3) questions. You will need to know the 1.) Total Current Assets, 2.) Total Long- term Assets, 3.) Total Current Liabilities, and 4.) Total Stockholders' Equity to answer these four (4) questions Question: Based on the Partial Trial Balance and Additional Info shown below, what is the amount of the Total Current Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Credit Adjusted Trial Balance December 31, 20xx Accounts Debit Cash $25,131 Accounts Receivable 100,517 Inventory 40.000 Prepaid Rent 14.104 Equipment 25,000 Building 125.000 Accumulated Depreciation Accounts Payable Deferred Revenue Current Portion Long-term Debt Long-term Debt Bonds Payable $ 50,000 25,131 30,517 5,000 50.104 50,000 Long-term Debt 50,104 Bonds Payable 50,000 Common Stock 25,000 Treasury Stock 0 Retained Earnings 25,000 Dividends 10,000 Revenue 200,131 Cost of Goods Sold 75.131 Salaries Expense 9,000 Rent Expense 15,000 Utilities Expense 10,000 Depreciation Expense 5,000 Interest Expense 1,000 Income Tax Expense 6,000 Additional Information: Net Income After-taxes for the Accounting Period equaled $79,000 Beginning Balance of Common Stock on 1/1/20xx $25.000 Beginning Balance of Retained Earnings on 1/1/20xx $25,000 No new stock was issued during the accounting period. 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 34 4.75 pts Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 35 4.75 pts Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the Total Current Liabilities 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 36 4.75 pts Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the Total Stockholders' Equity 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 33 4.75 pts (New Problem - not a continuation of the prior problem) Classified Balance Sheet - four (4) questions Instructions: Please prepare a Classified Balance Sheet on your scratch paper based on the following Partial Adjusted Trial Balance. Use this Classified Balance Sheet to answer this question and the next three (3) questions. You will need to know the 1.) Total Current Assets, 2.) Total Long- term Assets, 3.) Total Current Liabilities, and 4.) Total Stockholders' Equity to answer these four (4) questions Question: Based on the Partial Trial Balance and Additional Info shown below, what is the amount of the Total Current Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Credit Adjusted Trial Balance December 31, 20xx Accounts Debit Cash $25,131 Accounts Receivable 100,517 Inventory 40.000 Prepaid Rent 14.104 Equipment 25,000 Building 125.000 Accumulated Depreciation Accounts Payable Deferred Revenue Current Portion Long-term Debt Long-term Debt Bonds Payable $ 50,000 25,131 30,517 5,000 50.104 50,000 Long-term Debt 50,104 Bonds Payable 50,000 Common Stock 25,000 Treasury Stock 0 Retained Earnings 25,000 Dividends 10,000 Revenue 200,131 Cost of Goods Sold 75.131 Salaries Expense 9,000 Rent Expense 15,000 Utilities Expense 10,000 Depreciation Expense 5,000 Interest Expense 1,000 Income Tax Expense 6,000 Additional Information: Net Income After-taxes for the Accounting Period equaled $79,000 Beginning Balance of Common Stock on 1/1/20xx $25.000 Beginning Balance of Retained Earnings on 1/1/20xx $25,000 No new stock was issued during the accounting period. 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 34 4.75 pts Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 35 4.75 pts Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the Total Current Liabilities 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. For example, if you calculated the answer to be $24,123 you would only input: 24123 Question 36 4.75 pts Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the Total Stockholders' Equity 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. For example, if you calculated the answer to be $24,123 you would only input: 24123