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5 The following is a December 31, 2024, post-closing trial balance for Almway Corporation. 12.5 Cath DO Credita Invest in equity securities $45,300 113.003

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5 The following is a December 31, 2024, post-closing trial balance for Almway Corporation. 12.5 Cath DO Credita Invest in equity securities $45,300 113.003 63,303 Inventory 203,303 Prepaid insurance (for the next months) Lord 3,000 53.003 14 123,300 Accumulated depreciation-buildings 100,000 Equipment 113,000 cumulated deprentation-equipment Fater: zet Recounts payable mites payable Interest payable Bunda Tuyable 13.000 60,0 75.000 13, tas 20,000 240,000 Retained varsisys Totale Additional information: 125,EQE 54.000 1,54,500 Return to question 1 The investment in equity securities account includes an investment in common stock of another corporation of $30,000 which menagement intends to hold for at least three years. The balance of these investments is intended to be sold in the coming yes 2. The lane sccount includes and which cost $25,000 that the company has not used and is currently listed for sale 3. The cash account includes $15.000 restricted in a fund to pay bonds payable thet mature in 2027 and $23,000 restricted in s three-month Treasury bil. 4. The notes peyeble account consists of the following aa $30,000 note due in six months. b. a $50,000 note due in six years. ca $50,000 nose due in five annual installments of $10,000 each, with the next instalment due February 15, 2025. 5. The $60,000 balance in accounts receivable is net of an allowance for uncollectible accounts of $8,000. 6. The common stock account represents 100,000 shares of no par value common stock issued and outstanding. The corporation has 500,000 shares authorized. Required: Prepare a classified balance sheet for the Almway Corporation at December 31, 2024 Note: Amounts to be deducted should be indicated by a minus sign. Current assets: Cach Networ Inventory quity Tolument assets Invent To Froperty, plant and equipment Answer is not complete. ALMWAY CORPORATION Balance Sheet At December 31, 2024 Assets Net property, plant, and equipment Ilargiasta. Others: $ 30001 50.000 U 200 000 310.000 0 T $ 110.000 Liabilities and Shareholders' Equity Talent Long-term Eabl Total long term labies T Shockland w a 0 0 Tasty a To and shawhide y $ 0

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