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Assets Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities

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Assets Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term liabilities Bonds payable Mortgage payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity $150,000 (A) 252,000 54,000 (B) (C) (180,000) 1,080,000 $ (D) $252,000 (E) 108,000 480,000 270,000 540,000 (H) 1) Total liabilities and stockholders' equity $ (J) Required Complete the balance sheet by supplying the missing amounts.

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