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Arrange the following items in proper balance sheet presentation: (Amounts to be deducted should be indicated with parentheses or a minus sign.) Accumulated depreciation Retained
Arrange the following items in proper balance sheet presentation: (Amounts to be deducted should be indicated with parentheses or a minus sign.) Accumulated depreciation Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, $1 par, 100,000 shares outstanding Inventory Preferred stock, $52 par, 1,000 shares outstanding Marketable securities Investments Notes payable Capital paid in excess of par (common stock) Current Assets: Net accounts receivable Total current assets Other Assets: Fixed assets: Net plant and equipment Total assets Assets $ 395,000 9,000 15,000 215,000 54,000 764,000 44,000 7,000 100,000 70,000 52,000 24,000 24,000 35,000 94,000 Balance Sheet Liabilities and Stockholders' Equity Current Liabilities: Total current liabilities Long-term liabilities Total liabilities Stockholders' Equity: Total stockholders' equity Total liabilities and stockholders' equity
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