Credit Cash Debit $ 10,500 135,000 4,500 Accounts Receivable Prepaid Rent Supplies 22,500 Equipment 250,000 Accumulated Depreciation $120,000 Accounts Payable 10,500 Salaries Payable 9,500 Interest Payable 3,508 25,000 Notes Payable (due in two years) Common Stock 150,000 Retained Earnings 45,000 350,000 250,000 Service Revenue Salaries Expense Rent Expense Depreciation Expense 12,500 25,000 Interest Expense 3,500 Totals $713,500 $713,500 3. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Assets Liabilities Current assets: Total current assets Long-term assets: O search Accounts O T C G Current liabilities: Total current liabilities Total liabilities 4 Stockholders' Equity CS3 15 < Prev O ✔ of 19 ⠀⠀