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bo Current Attempt in Progress Blossom Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to
bo Current Attempt in Progress Blossom Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion. Blossom Company Balance Sheet For the Year Ended 2025 Current assets Cash $235,500 Accounts receivable (net) 345,500 Inventory (lower-of-cost-or-net realizable value) 406,500 Equity investments (to be sold in the next year)-at cost (fair value $125,500) 145,500 Property, plant, and equipment Buildings (net) Equipment (net) 575,500 165,500 180,500 Land held for future use Intangible assets Goodwill 85,500 Held-to maturity debt investment 95,500 Prepaid expenses 17,500 Current liabilities Accounts payable 140,500 Notes payable (due next year) 130.500 Pension obligation 87,500 Rent payable 54,500 Premium on bonds payable 58,500 Long-term liabilities Bonds payable 505,500 Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 295,500 295,500 62Bing 1 of 3 Prepare a revised balance sheet given the available information Assume that the accumulated deprecation balance for the buildings is $165,500 and for the equipment. $110.500. The allowance for doubtful accounts has a balance of $22.500. The pension obligation is considered a long-term lability List Current Assets in order of liquidity List Property. Plant, and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) BLOSSOM COMPANY Balance Sheet December 31, 2025 Assets Cement asset Cash an receivabled (gross) net $ 235.500 345.500 62/question/0 Current Attempt in Progress Blossom Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion. Blossom Company Balance Sheet For the Year Ended 2025 Current assets Cash $235,500 Accounts receivable (net) 345,500 Inventory (lower-of-cost-or-net realizable value) 406,500 Equity investments (to be sold in the next year)-at cost (fair value $125,500) 145,500 Property, plant, and equipment Buildings (net) Equipment (net) 575,500 165,500 180,500 Land held for future use Intangible assets Goodwill 85,500 Held-to maturity debt investment 95,500 Prepaid expenses 17.500 Current liabilities Accounts payable 140,500 Notes payable (due next year) 130,500 Pension obligation 87,500 Rent payable 54,500 Premium on bonds payable 58,500 Long-term liabilities 505,500 Bonds payable Stockholders' equity Common stock, $1.00 par, authorized 400,000 shares, issued 295,500 295,500 624/question/0 10500 tat Curt Ander of pity Propert onder of Building and dent Enter accent name only end de not provide the decretion p BLOSSOM COMPANY Balance Sheet December 31, 2025 Assets [ament asset Cash aco receivabled (gress not $ 235.500 345.500 ation.wiley.com/was/v2/assessment-player/index.htm/launchid-a06a74e1-8a3e-4cbe-a19b-bab22425b62question 1 of 3 -/33.3 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $165,500 and for the equipment. $110.500. The allowance for doubtful accounts has a balance of $22.500. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question) BLOSSOM COMPANY Balance Sheet December 31, 2025 Assets Cument asset Cash [ acc receivabled (gross) not $ 235.500 345.300
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