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E3 0 Seved Account Title Credits Debits 73,000 188,000 129, eee 38,000 218,000 43, ece 19,000 283,000 1,580, eee 640,000 155,000 43,000 265,000 15,000 Short-term
E3 0 Seved Account Title Credits Debits 73,000 188,000 129, eee 38,000 218,000 43, ece 19,000 283,000 1,580, eee 640,000 155,000 43,000 265,000 15,000 Short-term investments Accounts receivable Long-term investments Inventory Receivables from employees Prepaid expenses (for 2022) Land Building Equipment Patent (net) Franchise (net) Notes receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/2022) Interest payable Income Taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals 623,000 213,000 192,000 13,000 19,000 43,000 63,000 306,000 11,000 2,012,000 194,000 3,689,000 3,689,000 Additional information: 1. The common stock represents 1.3 million shares of no par stock authorized, 530,000 sha 2. The receivables from employees are due on June 30, 2022 3. The notes receivable are due in installments of $53,000, payable on each September 30 4. Short-term investments consist of securities that the company plans to sell in 2022 and 9 December 15 of the current year that mature on February 15, 2022. Long-term investmer does not plan to sell in the next year. 5. Deferred revenue represents payments from customer for extended service contracts. S 2022, the remainder in 2023. 6. Notes payable consists of two notes, one for $103,000 due on January 15, 2023, and a Pequired: repare a classified balance sheet for Vosburgh at December 31, 2021. (Amounts to be d
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