The Following Data Were Taken from the Adjusted Trial Balance $\quad$

question 93

Essay

The following data were taken from the adjusted trial balance of Kent Corporation. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Kent Corporation
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Adjusted Trial Balance Data
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ December 31,2011
$\begin{array} { l r } \text { Accounts Payable } & \$ 12,000 \\ \text { Accounts Receivable } & 13,000 \\ \text { Accumulated Depreciation-Building } & 6,000 \\ \text { Accumulated Depreciation-Furniture \& Fixtures } & 9,000 \\ \text { Building } & 60,000 \\ \text { Capital Stock } & 40,000 \\ \text { Cash } & 24,000 \\ \text { Copyrights } & 22,000 \\ \text { Dividends Declared } & 12,000 \\ \text { Furniture \& Fixtures } & 15,000 \\ \text { Land } & 25,000 \\ \text { Note Payable (10\%, due in 5 years) } & 40,000 \\ \text { Office Supplies } & 1,000 \\ \text { Prepaid Insurance } & 3,000 \\ \text { Retained Earnings (January 1, 2011) } & 23,000 \\ \text { Salaries Payable } & 2,000 \\ \text { Service Revenue } & 85,000 \\ \text { Salaries Expense } & 28,000 \\ \text { Utilities Expense } & 2,000 \\ \text { Depreciation Expense } & 5,000 \\ \text { Insurance Expense } & 2,000 \\ \text { Office Supplies Expense } & 1,000 \\ \text { Interest Expense } & 4,000 \end{array}$ Required:
Prepare a classified balance sheet in good form at December 31,2011.(Ignore income taxes).

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Definitions:

Depression

A mental health disorder characterized by persistently low mood and a lack of interest in activities, often accompanied by various physiological symptoms.

Presenteeism

The act of attending work despite being ill, which can lead to reduced productivity and the potential spread of disease.

Job Demands

Aspects of a job that require sustained physical and/or psychological effort or skills and hence are associated with certain physiological and/or psychological costs.

Time Pressure

The stress experienced when the amount of time available to complete a task is perceived to be insufficient.