Bambis House Wares, Inc. produced the unadjusted trial balance shown below at December 31, 2008.

Required:
Prepare a balance sheet at December 31, 2008 for Bambi’s House Wares, Inc. The company’s tax rate is 35%.

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Accounts payable Accounts receivable Accrued interest payable Accrued salaries payable Accumulated depreciation-building Amared depreciation-production equipment Anal paid-in capital Administrative expenses ance for uncollectible accounts Available-for-sale securities (at cost. $91,000) Bond sinking fund Bonds payable (maturing 2013) Buildings Debits Credits $ 796,050 $2,175,000 3,190 13,450 3,590,150 4,750,000 520,000 1,377,500 97.875 96,000 155.000 2,500,000 9,845,000