Presented below is the adjusted trial balance of Bramble Corporation at December 31, 2025. Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2032) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense Total Additional information: 1 2 $ Debit ? 1,650 1,450 48,450 1,400 9,450 1,850 1.650 1,350 Net loss for the year was $3.850. No dividends were declared during 2025. ? $ Credit $ 4,450 10,450 950 2,450 9,450 10,450 25,450 10,450 ? 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)
Presented below is the adjusted trial balance of Bramble Corporation at December 31, 2025. Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2032) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense Total Additional information: 1 2 $ Debit ? 1,650 1,450 48,450 1,400 9,450 1,850 1.650 1,350 Net loss for the year was $3.850. No dividends were declared during 2025. ? $ Credit $ 4,450 10,450 950 2,450 9,450 10,450 25,450 10,450 ? 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)
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 12P: Balance Sheet from Adjusted Trial Balance The following is the alphabetical adjusted trial balance...
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