Question
Can you please show all equations and all work From the following accounts, prepare a balance sheet for Chester CO. for the current calendar year:
Can you please show all equations and all work
From the following accounts, prepare a balance sheet for Chester CO. for the current calendar year:
Accrued interest payable | $ 1,400 |
Property, plant, and equipment | $ 34,000 |
Inventory | $ 12,400 |
Additional paid-in capital | $ 7,000 |
Deferred taxes payable (noncurrent) | $ 1,600 |
Cash | $ 1,500 |
Accumulated depreciation | $ 10,500 |
Bonds Payable | $ 14,500 |
Accounts payable | $ 4,300 |
Common stock | $ 2,500 |
Prepaid expenses | $ 700 |
Land held for sale | $ 9,200 |
Retained earnings | ? |
Current portion of long-term debt | $ 1,700 |
Accounts receivable | $ 6,200 |
Notes payable | $ 8,700 |
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