Aidan Norton owns Aidan’s Lodge in a rural Midwestern town. His accountant Is out with the flu, and Aidan has to develop his balance sheet without his accountant’s help.

Using the following balance sheet accounts, help Aidan complete his balance sheet.

Balance Sheet Accounts Investments 1,275,000 Paid in Capital 3,000,000 Other Current Liabilities 1,590,000 Accumulated Depreciation 1,185,000 Building 3,250,000 Inventories 380,000 Accounts Payable 1,460,000 Common Stock 750,000 Long-Term Debt 1,800,000 Retained Earnings 2,865,000 Cash 587,500 Land 1,957,500 Furnishings and Equipment 1,850,000 Net Receivables 2,675,000 Notes Payable 335,000 Other Assets 170,000 Marketable Securities 840,000 AIDAN’S LODGE Balance Sheet December 31, 20XX Assets Liabilities and Owners’ Equity Current Assets Current Liabilities Total Current Assets Long-Term Liabilities Ce Total Current Liabilities Pad and Equipment Total Liabilities Owners’ Equity Total Owners’ Equity Total Assets Total Liabilities and Owners’ Equity