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Help filling in balance sheet Using Post Closing Trial Balance info Pane in the Glass Company Balance Sheet December 31, 2019 Assets Current Assets Less:

Help filling in balance sheet

image text in transcribedimage text in transcribedUsing Post Closing Trial Balance info

image text in transcribedimage text in transcribed

Pane in the Glass Company Balance Sheet December 31, 2019 Assets Current Assets Less: Allowance for Bad Debts Total Current Assets Property and Equipment Less: Accumulated Depreciation Total Property and Equipment Intangible Assets Less: Accumulated Amortization Total Intangible Assets TOTAL ASSETS Liabilities Current Liabilities Total Current Liabilities Total Liabilities Stockholder's Equity Contributed Capital Total Contributed Capital Retained Earnings Total Stockholder's Equity TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY Accounts General Ledger Credit Number Title 100 Cash 110 Accounts Receivable 115 Allowance for Bad Debts Debit 475,800 806,000 15,094 120 Inventory 114,465 10,000 41,400 341,500 362,500 415,835 50,000 130 Notes Receivable 135 Accumulated Depreciation 140 Equipment 160 Buildings 170 Land 180 Patents 185 Accumulated Amortization 190 Interest Receivable 195 Prepaid Insurance Expense 200 Accounts Payable 205 Unearned Rent Revenue 300 Common Stock 305 APIC - Common Stock 340 Retained Earnings 467 8,500 300,450 120,400 775,600 1,179,923 400 Sales Revenue 405 Rent Revenue 410 Interest Revenue 415 Loss on Sale of Equipment 500 Cost of Goods Sold 510 Depreciation Expense 518 Amortization Expense 520 Bad Debt Expense 540 Salaries Expense 560 Insurance Expense 580 Sales Returns & Allowances 599 Income Tax Expense 600 Dividends Declared 2,535,067 2,482,867 52,200

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