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15 points 2. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company as of December 31,

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15 points 2. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company as of December 31, 2012. All accounts have normal balances. (15 marks) Equipment Interest Expense Interest Payable Retained Earnings Dividends Land Inventory Bonds Payable Notes Payable (due in 6 months) Common Stock Accumulated Depreciation - Equip. Prepaid Advertising Revenue Buildings Supplies Taxes Payable Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr.- Bld. Cash Depreciation Expense 50,000 2,400 600 ? 50,400 137,320 102,000 78,000 19,400 60,000 10,000 5,000 341,400 80,400 1,860 3,000 1,320 1,560 53,040 900 15,000 35,000 8,000

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