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In case you are confused, for the adjusted trial balance sheet, there are 27 lines needed to be filled out, including the one you are asked to calculate the total amounts for debits and credits.

Prepare a classified balance sheet at December 31, 2025. (List current assets in order of liquidity and property, plant, and equipment in Adjustment data: 1. Depreciation is $7,900 on buildings and $6,900 on equipment. (Both are operating expenses) 2. Interest of $4.500 is due and unpsid on notes payable at December 31 . 3. Income tax due and unpaid at December 31 is $23,900. Other data $14,900 of the notes pwable are payable next year. Journalize the adjusting entries. (If no entry is required, select "No Entry" for the occount tities and enter O for the omounds. Credit occount tities are outomaticolly indented when dmount is entered. Do not indent manually. List all debit entries before credit entries) Prepare a multiple-step income statement for the vear ended December 31. 2025. Prepare an adjusted trial balance. Liabilities and Stockholders' Equity Create T-accounts for all accounts used in part (a). Enter the trial balance amounts into the T-accounts and post the adjusting entries. (Post entries in the order of journal entries presented in the previous part) Journalize the adjusting entries. (If no entry is required, select " No Entry" for the occount titles and enter Ofor the amounts. Credit account tities are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries) eTextbook and Media List of Accounts Create T-accounts for all accounts used in part (a). Enter the trial balance amounts into the T-accounts and post the adjusting entries. (Post entries in the order of journal entries presented in the previous part.) The trial balance of Larkspur Wholesale Company contained the following accounts shown at December 31, the end of the company's fiscal year. Liabilities and Stockholders' Equity LARKSPUR WHOLESALE COMPANY Adjusted Trial Balance Debit Credit $ $ Prepare a retained earnings statement for the year ended December 31, 2025. (List items that increase retained earnings first) Prepare a classified balance sheet at December 31, 2025. (List current assets in order of liquidity and property, plant, and equipment in onder of land, buildings and equipment)

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