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Using the information provided, prepare a classified balance sheet for Line Laundry as at December...

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Accounting

Using the information provided, prepare a classified balance sheet for Line Laundry as at December 31,2020.
\table[[\table[[Post-closing Trial Balance],[as of December 31,2020]]],[Account Description,Balance,Account Description,Balance],[Accounts payable,25,000,Unearned revenues,92,000],[Accounts receivable,70,000,Vehicle,80,000],[\table[[Accumulated],[amortization, patent]],12,000,\table[[Accumulated depreciation,],[equipment]],150,000],[\table[[Accumulated],[depreciation, vehicle]],62,000,Line, Capital,300,000],[Utilities payable,5,000,Depreciation expense,53,000],[\table[[Allowance for doubtful],[accounts]],3,500,Equipment,450,000],[Cash,31,000,Salaries payable,5,500],[Prepaid rent,55,000,Notes payable ?******,146,000],[Land,75,000,Other expenses,333,000],[Revenue,525,000,Patent,40,000]]
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