Balance sheet preparationUse the appropriate items from the following list

to prepare in good form Mellark's Baked Goods balance sheet at December 31, 2015.

COMPLETE THE FRAGMENT OF THE BALANCE SHEET BELOW

MELMARKS BAKED GOODS

ASSETS $______________

CURRENT ASSETS:

___________________________

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TOTAL CURRENT ASSESTS $_____________

SELECT THE CORRECT ACCOUNT

Accounts payable

$ 220

Accounts receivable	454
Accruals	53
Accumulated depreciation	268
Buildings	227
Cash	217
Common stock (at par)	93
Cost of goods sold	2 ,487
Depreciation expense	50
Equipment	143
Furniture and fixtures	170
General expense	320
Inventories	372
Land	99
Long-term debts	419
Machinery	423
Marketable securities	71
Notes payable	476
Paid-in capital in excess of par	360
Preferred stock	102