question archive The following is the partial adjusted trial balance for Nadia Service Company prepared at the end of 2016
Subject:AccountingPrice: Bought3
The following is the partial adjusted trial balance for Nadia Service Company prepared at the end of 2016. The income statement and retained earnings statement have already been prepared. The final line on the retained earnings statement is $12,480. Prepare a properly classified balance sheet (horizontal format).Nadia Service CompanyAdjusted Trial BalanceDecember 31, 2016Cash5,130Accounts Receivable3,300Prepaid Rent 550Equipment12,400Accumulated Depreciation2,200Accounts Payable700Notes Payable – Due on June 30, 20174,000Common Stock2,000Nadia CompanyBalance SheetDecember 31, 2016 Assets LiabilitiesCurrent Assets:Current Liabilities:Prop, Plant & Equip:Stockholders’ Equity