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5-3 comlete liabilities and stockholders equity The adjusted trial balance of Sheffield Company and other related information for the year 2020 are presented as follows.
5-3 comlete liabilities and stockholders equity
The adjusted trial balance of Sheffield Company and other related information for the year 2020 are presented as follows. SHEFFIELD COMPANY ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $ 44,940 Accounts Receivable 167,440 Allowance for Doubtful Accounts $ 8,800 Prepaid Insurance 6,000 Inventory 212,440 Equity Investments (long-term) 342,940 Land 88,940 Construction in Progress (building) 127,940 Patents 36,000 Equipment 403,940 Accumulated Depreciation-Equipment 240,100 Discount on Bonds Payable 20,000 Accounts Payable 151,940 Accrued Liabilities 53,140 Notes Payable 97,940 Bonds Payable 203.940 Common Stock 503,940 Paid-in Capital In Excess of Par-Common Stock 45,000 Retained Earings 145 780 $1,450,580 $1.450.580 December 31, 2020 Assets Current Assets 44940 Cash 2 167440 Accounts Receivable 3800 158040 Allowance for Doubtful Add 000 Study 212440 Inventory 6000 Prepaid Thurance 423030 ELV Investment 9040 Den op o here to search PRINTER VERSION CALCULATOR TELULUI Long-term Investments 12940 Equity Investments Property. Plant and Equipment 88940 Land 127940 Construction in Process -103040 Equipment 140620 240100 380720 Accumulated Depreciation intangible 3630 Patent Liabilities and Stockholders' Equity Note Payable Accrued Liabilities counts Payal - 11 - Eine Discussion to Help System Announcements CALCULATOR PRIH 1181680 Total Assets Liabilities and Stockholders' Equity Current Liabilities AN Notes Payable Accrued Liabilities Accounts Payable Total Current abilities Long-term Liabilities ICE Notes Payable Long-term Uabilities Stockholdera baulty Paldin Capital in Excesso E Common Stock Step by Step Solution
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