Balance sheet preparation Use the appropriate items from the following list to prepare Mellark's Baked Goods balance sheet at December 19, 2019

item Value ($000) at December 31 2019 Item Value($000) at December 31, 2019

Account Payable $ 220 Inventories $ 375

Account Receivable 450 Land 100

Accruals 55 Long term debts 420

Accumulation depreciation 265 Machinery 420

Building 225 Marketable securities 75

Cash 215 Note payable 475

Common stock(at par) 90 Paid in capital in excess of par 360

Cost of Good sold 2500 Preferred stock 100

Depreciation Expense 45 retaining earning 210

Equipment 140 sales revenue 3600

Furniture and fixture 170 vehicles 25

General expense 320