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Current Attempt in Progress Presented below are a number of balance sheet items for Shamrock, Inc. for the current year, 2020. Goodwill $128,190 Accumulated
Current Attempt in Progress Presented below are a number of balance sheet items for Shamrock, Inc. for the current year, 2020. Goodwill $128,190 Accumulated Depreciation-Equipment $292,170 Payroll Taxes Payable 180,781 Inventory 242,990 Bonds payable 303,190 Rent payable (short-term) 48,190 Discount on bonds payable 15,170 Income taxes payable 101.552 Cash 363,190 Rent payable (long-term) 483.190 Land 483.190 Common stock. $1 par value 203.190 Notes receivable 448,890 Preferred stock, $10 par value 153,190 Notes payable (to banks) 268,190 Prepaid expenses 91,110 Accounts payable 493.190 Equipment 1,473,190 Retained earnings ? Debt investments (trading) 124,190 Income taxes receivable 100,820 Accumulated Depreciation-Buildings 270,370 Notes payable (long-term) 1,603,190 Buildings 1,643,190 Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value List Current Assets in order of liquidity. List Property, Plant and Equipment in or
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