Prepare a December 31 balance sheet in proper form for Surety Insurance from the following items and amounts:
Definitions:
Simplify
To make something easier to understand, or reduce it to its most basic components.
Perform Operation
The act of executing a particular task or function within a set of procedures or instructions.
Like Terms
In algebra, like terms are terms that contain the same variables raised to the same power, allowing them to be added or subtracted.
Simplify
The process of making a situation, equation, or expression less complicated or easier to comprehend.
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