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

Accounting
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.

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