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Current assets $489,740 Current liabilities $384,740 investments 644,740 Long-term liabilities 1,004,740 property, plant, and equip 1,724,740 Stockholder's Equity 1,774,740 $3,164,220 $3,164,220 This is balance sheet

Current assets $489,740 Current liabilities $384,740
investments 644,740 Long-term liabilities 1,004,740
property, plant, and equip 1,724,740 Stockholder's Equity 1,774,740
$3,164,220 $3,164,220

This is balance sheet info for the current year, 2014.

The following info is presented...

1. The current assets section includes cash $154,740, Accounts receivable $174,740 less $14,740 for allowance for doubtful accounts, inventories $184,740, and unearned rent revenue $9,740. Inventory is stated on the lower-of-FIFO-cost-or-market.

2. The investments section includes the cash surrender value of a life insurance contract $44,740; investments in common stock, short-term(trading) $84,740 and long-term (available for sale) $274,740; and bond sinking fund $240,520. The cost and fair value of investments in common stock are the same.

3. Property, plant, and equipment includes buildings $1,044,740 less accumulated depreciation $364,740; equipment $454,740 less accumulated depreciation $184,740; land $504,740; and land held for future use $270,000

4. Intangible assets include a franchise $169,740; goodwill $104,740; and discount on bonds payable $30,520

5. Current liabilities include accounts payable $144,740; notes payable-short-term $84,740 and long-term $124,740; and income taxes payable $30,520

6. Long-term liabilities are composed solely of 7% bonds payable due 2022

7. Stockholders' eqity has preferred stock, no par value, authorized 200,000 shares, issued 74,740 shares for $448,440; and common stock, $1.00 par value, authorized 400,000 shares, issued 104,740 shares at an avg price of $10. In addition, the corporation has retained earnings of $278,900

Prepare a balance sheet in good form, adjusting the amts in each balance sheet classification as affected by the info given above.

I have part of this figured, I need the blanks filled in.

Assets
Current assets
Cash 154740
blank needs filled in blank needs filled in
Accounts Receivable 174740
Less: Allowance for doubtful accts 14740 160000
blank needs filled in blank needs filled in
Total current assets $blank needs filled in
Long term investments
Cash surrender value of life insurance 44740
blank needs filled in blank need filled
blank 274740
Bond sinking fund 240520
Total long term investments blank needs filled
Property, plant, and equip
Land 504740
buildings 1044740
less accumulated depreciation 364740 680000
equipment 454740
less accumulated depreciation 184740
270000
Total PP&E 1454740
Intangible assets
Franchises 169740
goodwill 104740 274480
Total assets blank needs filled

Liability and Stockholder's equity:

current liabilities
AP 144740
Notes payable blank needs filled
blank needs filled blank needs filled
blank needs filled blank needs filled
Total current liabilities blank needs filled
Long-term liabilities
Notes payable 124740
bonds payable blank needs filled
less discount on bonds payable blank needs filled blank needs filled
total long term liabilities blank needs filled
stockholder's equity
capital stock:
common stock blank needs filled
paid in capital in excess of par-common stock blank needs filled
preferred stock 448440 blank needs filled
Retained earnings blank needs filled
Total Stockholder's equity blank needs filled
Total liabilities and stockholder's equity blank needs filled

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