The adjusted trial balance for DVD Concepts at December 31, 2014, is as follows: 
Instructions
a. Calculate the balance of J. Yan, Capital that would appear on a balance sheet at December 31, 2014.
b. Prepare a classified balance sheet for DVD Concepts at December 31, 2014 assuming the note payable is payable on November 30, 2016.
c. Calculate working capital and the current and acid-test ratios for DVD Concepts.
Definitions:
Carbon Monoxide
A gas that is clear, has no smell, and is poisonous, resulting from the incomplete burning of materials containing carbon.
Anaerobic Respiration
is a process by which cells generate energy in the absence of oxygen, using other electron acceptors to metabolize substrates.
Cigarette Smoking
The act of inhaling smoke from burning tobacco wrapped in paper; a leading cause of numerous health issues, including lung cancer.
Motor Vehicle Emissions
The gases and particles released into the atmosphere as a result of the combustion of fuels in motor vehicles, contributing to air pollution and environmental harm.
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