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balance for Nugent Corp. at December 31, 2024, follows: Credit Debit $3,269,000 5,110,000 503,000 1,108.000 200,000 310.000 8,580,000 610.000 400,000 180.000 380,000 546,600 Cash Selling
balance for Nugent Corp. at December 31, 2024, follows: Credit Debit $3,269,000 5,110,000 503,000 1,108.000 200,000 310.000 8,580,000 610.000 400,000 180.000 380,000 546,600 Cash Selling Expenses FV-NI Investment (at F.V.) Unusual Loss Unrealized Gain/Loss on Investment Begiining Inventory Sales Revenue Bond Investment at Amortized Cost Land Accumulated Depreciation - Equip. Accounts Payable Note Payable (Due in 22 months.) Equipment Accumulated Depreciation - Building Accrued Liabilities Note Payable (Due in 11 months.) Common Shares Building FV-OCI Investment (F.V. $900,000) Accounts Receivable Purchases Accumulated OCI Allowance for Doubtful Accounts Administrative Expenses Prepaid Insurance Intangible Assets - Licence Bonds Payable 940.000 505.000 209.000 138.000 2.000.000 3.100.000 820.000 810,000 355.000 4.100.000 280.000 1.760.000 750.000 350.000 2.500.000 Building 3.100.000 FV-OCI Investment (F.V. $900,000) 820.000 Accounts Receivable 810,000 Purchases 355.000 Accumulated OCI 4,100,000 Allowance for Doubtful Accounts 280,000 Administrative Expenses 1.760,000 Prepaid Insurance 750,000 Intangible Assets - Licence 350.000 Bonds Payable 2.500.000 Intangible Assets - Patents 188.000 Retained Earnings 990.000 Interest Expense 225,600 $20.608,600 S20,608,600 Additional Information: Nugent Corp. follows a periodic inventory system. Ending inventory is $89,000. Required: Prepare a Classified SFP as at December 31, 2024. Ignore income taxes. Attach File Browse My Computer Sa
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