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complete the balance sheet American Laser, Inc., reported the following account balances on January 1. Accounts Receivable Accumulated Depreciation Additional Paid-in Capital Allowance for Doubtful
complete the balance sheet American Laser, Inc., reported the following account balances on January 1. Accounts Receivable Accumulated Depreciation Additional Paid-in Capital Allowance for Doubtful Accounts Bonds Payable Buildings Cash Common Stock, 10,000 shares of $1 par10,000 Notes Payable (long-term) Retained Earnings Treasury Stock $ 5,000 30,000 90,000 2,000 0 247,000 10,000 10,000 120,000 0 The company entered into the following transactions during the year Jan. 15 Issued 5,000 shares of $1 par common stock for $50,000 cash 15 Reacquired 3,000 shares of $1 par common stock into treasury for $33,000 Mar. 15 Reissued 2,000 shares of treasury stock for $24,000 cash. ent 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of Oct. Aug. 15 Reissued 600 shares of treasury stock for $4,600 cash. 1 3 common stock. Issued 100, 10-year, $1,000 bonds, at a quoted bond price of 101. Wrote off a $500 balance due from a customer who went bankrupt. Oct. General Requirement Journal GeneralTrial Balance Balnce Sheet Ledger AMERICAN LASER, INC Balance Sheet (partial) At December 31 Assets 0 0 Contributed Capital Total Contributed Capital 0 Total 0 0 Trial Balance Balance Sh
complete the balance sheet
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