Business, 18.02.2021 23:30 hamidaakter936848
The December 31, 2021, post-closing trial balance for Strong Corporation is presented below: Accounts Debit Credit Cash $ 22,300 Accounts receivable 23,300 Prepaid insurance 4,800 Supplies 180,000 Long-Term Investments 57,000 Land 49,000 Buildings 272,000 Accumulated depreciation 88,000 Accounts payable 37,100 Notes payable, due 2022 68,000 Interest payable 15,000 Notes payable, due 2031 122,000 Common stock 160,000 Retained earnings 118,300 Totals $ 608,400 $ 608,400 Prepare a classified balance sheet for Strong Corporation at December 31, 2021.
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