Homework Assignment #1

 

Trial Balance
       
  Account Name    
CL Accounts Payable   10,200
CA Accounts Receivable 7,600  
PPE Accumulated Depreciation-Building   2,800
PPE Accumulated Depreciation-Equipment   3,400
LTL Bonds payable (long-term)   12,000
PPE Building 14,000  
CA Cash 6,240  
CS Common Stock   30,000
IA Copyright 1,240  
PPE Equipment 30,400  
CA Inventory 8,000  
INV Investment in Corp Securities (Long Term) 4,000  
CA Short Term Investments 3,280  
PPE Land 1,600  
CA Prepaid Rent 240  
RE Retained Earnings   17,640
CL Unearned Revenue   560
    76,600 76,600

 

Prepare a classified Balance Sheet as of December 31, 2019 for Benjamin Corp