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Introduction to Financial Statements - Practice Problem 2- Balance Sheet The following items were taken from the accounting records of a company. Accounts Payable Accounts Receivable Building Cash Equipment Retained Earnings Prepaid Expenses Sales Salary Expense 57,000 32,000 255,000 15,000 76,000 ?? 12,000 123,000 22,000 Long-term investments Trademarks Accrued Expenses Short-term Notes Payable Common Stock Interest Income Inventory Dividends paid Cost of Goods Sold 35,000 6,000 9,000 35,000 1,000 2,000 82,000 25,000 62,000 Prepare a balance sheet