The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts...

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The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit $ 11,180 Cash 141, eee 5,100 25,500 Accounts Receivable Prepaid Rent Supplies Equipment 310, eee Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings $126, eee 11,100 10,100 4,100 31,ee0 210, eee 51, eee 410, eee Service Revenue Salaries Expense Rent Expense 318, eee 15,500 Depreciation Expense Interest Expense 31, eee 4,180 s853, 300 Totals $853, 380 3. Prepare a ciassified balance sheet as of December 31, 2021. (Amounts to be deducted should be Indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Assets Liabilities Current assets: Current liabilities: Total current assets Total current liabilities Total liabilities Long-term assets: Stockholders' Equity Total long-term assets Total stockhoiders' equity Total assets O Total liabilities and stockholders' equity The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit $ 11,180 Cash 141, eee 5,100 25,500 Accounts Receivable Prepaid Rent Supplies Equipment 310, eee Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings $126, eee 11,100 10,100 4,100 31,ee0 210, eee 51, eee 410, eee Service Revenue Salaries Expense Rent Expense 318, eee 15,500 Depreciation Expense Interest Expense 31, eee 4,180 s853, 300 Totals $853, 380 3. Prepare a ciassified balance sheet as of December 31, 2021. (Amounts to be deducted should be Indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Assets Liabilities Current assets: Current liabilities: Total current assets Total current liabilities Total liabilities Long-term assets: Stockholders' Equity Total long-term assets Total stockhoiders' equity Total assets O Total liabilities and stockholders' equity

Answer rating: 100% (QA)

Balance Sheet Current assets Current Liabilities Cash 11100 Accoun... View the full answer