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Given the following account information for Leong Corporation 60,890 Equipment Interest Expense 2,410 Interest Payable 570 Retained Earnings Dividends 36,020 Land 139,640 Accounts Receivable 102,320
Given the following account information for Leong Corporation 60,890 Equipment Interest Expense 2,410 Interest Payable 570 Retained Earnings Dividends 36,020 Land 139,640 Accounts Receivable 102,320 79,140 Bonds Payable Notes Payable (due in 6 months) 28,030 Common Stock 68,890 Accumulated Depreciation Equipment. 10,680 4,910 Prepaid Advertising Service Revenue 333,650 Buildings 80,070 Supplies 1,870 Income Taxes Payable 3,180 Utilities Expense 1,450 Advertising Expense 1,460 Salaries and Wages Expense 53,500 Salaries and Wages Payable 950 Accumulated Depr. - Building 13,650 46,180 Cash Accumulated Depr Building. 13,650 Cash 46,180 8,020 Depreciation Expense Prepare a balance sheet in report form for the company as of December 31, 2017. All accounts have normal balances. (List Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Leong Corporation Balance Sheet Assets Balance Sheet Assets Liabilities & Stockholders' Equity Liabilities & Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work
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