Please help me with correct answer thanku Prepare a classified balance sheet as of December 31, 2025. (List Current Assets in order of liquidity. Enter account name only and do notprovide the descriptive information provided in the question)Current AssetsCashSuppliesPrepaid InsuranceTotal Current AssetsProperty, Plant, and EquipmentEquipmentLessIntangible AssetsTrademarksTotal AssetsCurrent LiabilitiesCurrent LiabilitiesAccumulated Depreciation EquipmentAccounts PayableSalaries and Wages PayableTotal Current LiabilitiesLong-term LiabilitiesBonds PayableTotal LiabilitiesStockholders' EquityCommon StockRetained EarningsTotal Stockholders EquityTotal Liabilities and Stockholders EquityBonita CorporationBalance SheetDecember 31, 2025AssetsLiabilities and Stockholders' EquityS1,460Liabilities and Stockholders' Equity126048,2604,26010,26076010,260 Presented below is the adjusted trial balance of Bonita Corporation at December 31, 2025.CashSuppliesPrepaid InsuranceEquipmentAccumulated Depreciation-EquipmentTrademarksAccounts PayableSalaries and Wages PayableUnearned Service RevenueBonds Payable (due 2032)Common StockRetained EarningsService RevenueSalaries and Wages ExpenseInsurance ExpenseRent ExpenseInterest ExpenseTotalAdditional information:12.$$Debit?1.4601,26048,2601,2109,2601,6601,4601,160Net loss for the year was $3,280.No dividends were declared during 2025.?$Credit$ 4,26010,2607602,2609,26010,26025,26010,260?

Balance Sheet :— It is one of the financial statement that shows list of final balances of assets,…

Presented below is the adjusted trial balance of Bonita 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 1.460 ? 1,260 48,260 1,210 9,260 1,660 1,460 1,160 Net loss for the year was $3,280. No dividends were declared during 2025. ? $ Credit $ 4,260 10,260 760 2,260 9,260 10,260 25,260 10,260 ?

Presented below is the adjusted trial balance of Bonita 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 1.460 ? 1,260 48,260 1,210 9,260 1,660 1,460 1,160 Net loss for the year was $3,280. No dividends were declared during 2025. ? $ Credit $ 4,260 10,260 760 2,260 9,260 10,260 25,260 10,260 ?

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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