Question
Blossom Companys December 31, 2020, trial balance includes the following accounts: Inventory $129,500, Buildings $214,500, Accumulated Depreciation-Equipment $22,500, Equipment $195,300, Land (held for investment) $51,400,
Blossom Companys December 31, 2020, trial balance includes the following accounts: Inventory $129,500, Buildings $214,500, Accumulated Depreciation-Equipment $22,500, Equipment $195,300, Land (held for investment) $51,400, Accumulated Depreciation-Buildings $52,800, Land $69,700, and Timberland $73,100. Prepare the property, plant, and equipment section of the balance sheet. (List Property, Plant and Equipment in order of Land, Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)
BLOSSOM COMPANY Balance Sheet (Partial) choose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020 | |||
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select an opening section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal InvestmentsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||
enter a balance sheet item | $enter a dollar amount | ||
enter a balance sheet item | $enter a dollar amount | ||
select between addition and deduction LessAdd: enter a balance sheet item | enter a dollar amount | enter a subtotal of the two previous amounts | |
enter a balance sheet item | enter a dollar amount | ||
select between addition and deduction AddLess: enter a balance sheet item | enter a dollar amount | enter a subtotal of the two previous amounts | |
enter a balance sheet item | enter a dollar amount | ||
select a closing section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal InvestmentsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | $enter a total amount for this section |
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