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ADSHE [15 POINTS] Balance sheet presentation. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company as
ADSHE [15 POINTS] Balance sheet presentation. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company as of December 31, 2017. All accounts have normal balances. SE PREPA 70,000 2,400 600 Equipment Interest Expense Interest Payable Retained Earnings Dividends Land Accounts Receivable Bonds Payable Notes Payable (due in 6 months) Common Stock Accumulated Depreciation Equip Prepaid Advertising Service Revenue Buildings Supplies Income Taxes Payable Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr. - Bld. Cash Depreciation Expense 50,400 137,320 102,000 78,000 34,400 70,000 10,000 5,000 351,400 80,400 1,860 3,000 1,320 1,560 53,040 900 15,000 50,000 8,000
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