Question: The December 3 1 , 2 0 2 4 , post - closing trial balance for Secure Corporation is presented below: Accounts Debit Credit Cash
The December postclosing trial balance for Secure Corporation is presented below:
Accounts Debit Credit
Cash $
Accounts receivable
Prepaid insurance
Supplies
Longterm investments
Land
Buildings
Accumulated depreciation $
Accounts payable
Notes payable, due
Interest payable
Notes payable, due
Common stock
Retained earnings
Totals $ $
Prepare a classified balance sheet for Secure Corporation at December Amounts to be deducted should be indicated with a minus sign.
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