The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Company:
$$\begin{array} { l l }
\text { Accumulated Depreciation } & \$ 42,400 \
\text { Prepaid Rent } & 6,800 \
\text { Supplies } & 850 \
\text { Unearned Fees } & 7,310 \
\text { Trucks } & 49,300 \
\text { Cash } & 3,400 \
\text { Common Stock } & 2,000 \
\text { Retained Earnings } & ?
\end{array}$$
Prepare a classified balance sheet.

Question

The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Company:
 $$\begin{array} { l l } 
\text { Accumulated Depreciation } & \$ 42,400 \
\text { Prepaid Rent } & 6,800 \
\text { Supplies } & 850 \
\text { Unearned Fees } & 7,310 \
\text { Trucks } & 49,300 \
\text { Cash } & 3,400 \
\text { Common Stock } & 2,000 \
\text { Retained Earnings } & ?
\end{array}$$ ​
Prepare a classified balance sheet.

Quizplus · Accepted Answer

The Answer of The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Company:
 $$\begin{array} { l l } 
\text { Accumulated Depreciation } & \$ 42,400 \
\text { Prepaid Rent } & 6,800 \
\text { Supplies } & 850 \
\text { Unearned Fees } & 7,310 \
\text { Trucks } & 49,300 \
\text { Cash } & 3,400 \
\text { Common Stock } & 2,000 \
\text { Retained Earnings } & ?
\end{array}$$ ​
Prepare a classified balance sheet.

The Following Data Were Taken from the Adjusted Trial Balance