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3-2 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at December 31,
3-2 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2021. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet. Required 1 Required 2 Determine the missing amounts. (Enter the answ Cash and cash equivalents Short-term investments Accounts receivable ($ in 000s) 247,286 362,700 513,944 Inventory Prepaid expenses (current) 92,259 Total current assets 1,684,927 Long-term receivables 119,800 Equipment (net) Total assets Notes payable (current) 40,116 Accounts payable Accrued liabilities 430,772 Other current liabilities 190,604 Total current liabilities 702,564 Long-term debt Total liabilities 1,046,140 Common stock 460,627 Retained earnings 1,000,000 Current assets: Total current assets Investments: TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2021 Assets Property, plant, and equipment Total assets Current liabilities: Liabilities and Shareholders' Equity 0 S 0 Total current liabilities 0 Long-term liabilities: Total liabilities Shareholders' equity 0 Total shareholders' equity 0 Total liabilities and shareholders' equity $ 0
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