HW Score: 40%. 2 of 5 E Question Help Score: 0 of 1 pt 3 of 5 (2 complete) P6-6 (similar to) Emerald Company provided the following listing of the current year's post-closing account balances (Click the icon to view the financial data) Emerald reported net income of $2,100 and declared dividends amourving to $600 Uhreared losos alfact stockholders equity Requirement Prepare a cassified balance sheet at December 31 of the current year Hor sale portion amounted to $300 for the current year. There are no other events tha prepare the liabilities and stockhold used in the table leave the box empty, do not select a label or enter a zero) Bogin by preparing the asset section of the balance sheet and Emerald Company Balance Sheet At December 31 Assets Current Asse 3 of 5 (2 complete) Account balances Account Debit Credit Cash Solve $ 11,500 $ 5,100 1,200 450 Notes payable, due in 10 years Treasury stock at cost Accumulated other comprehensive income Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) 44,000 3,500 8,200 26,000 17,000 2.500 Print Done Account balances 3,500 8,200 26,000 17,000 2,500 Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) thoncurrent) Accounts payable Additional paid-in capital Dividends payable Intangible assets-net Merchandise inventory Income taxes payable Retained earnings 6,500 15,000 280 3,600 5,900 1,900 7,300 Print Done Credit Account Debit Solve $ 5,100 11,500 $ 1,200 450 Cash Notes payable, due in 10 years Treasury stock at cost Accumulated other comprehensive income Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) 44,000 3,500 8,200 26,000 17,000 2.500 3,500 8,200 26,000 17,000 2,500 Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) Accounts payable Additional paid-in capital Dividends payable Intangible assets-net Merchandise inventory Income taxes payable Retained earnings 6,500 15,000 280 3,600 5,900 1,900 7,300 Homework: HW 3 - CH 6 Score: 0 of 1 pt 3 of 5 P6-6 (similar to) Emerald Company provided the following listing of the current year's post-closing account balances. Click the icon to view the financial data.) Emerald reported net income of $2,180 and declared dividends amounting to $580. Unrealized losses or affect stockholders' equity. Requirement Prepare a classified balance sheet at December 31 of the current year. At December 31 Assets Current Assets: Cash Accounts Receivable 8200 Intangible Assets - net Merchandise Inventory 5900 t's post-closing account balances. mounting to $580. Unrealized losses on the company's available-for-sale portfolio amounted to $360 for the current year. There are no other events that year. 5900 HW Score: 40%. 2 of 5 E Question Help Score: 0 of 1 pt 3 of 5 (2 complete) P6-6 (similar to) Emerald Company provided the following listing of the current year's post-closing account balances (Click the icon to view the financial data) Emerald reported net income of $2,100 and declared dividends amourving to $600 Uhreared losos alfact stockholders equity Requirement Prepare a cassified balance sheet at December 31 of the current year Hor sale portion amounted to $300 for the current year. There are no other events tha prepare the liabilities and stockhold used in the table leave the box empty, do not select a label or enter a zero) Bogin by preparing the asset section of the balance sheet and Emerald Company Balance Sheet At December 31 Assets Current Asse 3 of 5 (2 complete) Account balances Account Debit Credit Cash Solve $ 11,500 $ 5,100 1,200 450 Notes payable, due in 10 years Treasury stock at cost Accumulated other comprehensive income Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) 44,000 3,500 8,200 26,000 17,000 2.500 Print Done Account balances 3,500 8,200 26,000 17,000 2,500 Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) thoncurrent) Accounts payable Additional paid-in capital Dividends payable Intangible assets-net Merchandise inventory Income taxes payable Retained earnings 6,500 15,000 280 3,600 5,900 1,900 7,300 Print Done Credit Account Debit Solve $ 5,100 11,500 $ 1,200 450 Cash Notes payable, due in 10 years Treasury stock at cost Accumulated other comprehensive income Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) 44,000 3,500 8,200 26,000 17,000 2.500 3,500 8,200 26,000 17,000 2,500 Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) Accounts payable Additional paid-in capital Dividends payable Intangible assets-net Merchandise inventory Income taxes payable Retained earnings 6,500 15,000 280 3,600 5,900 1,900 7,300 Homework: HW 3 - CH 6 Score: 0 of 1 pt 3 of 5 P6-6 (similar to) Emerald Company provided the following listing of the current year's post-closing account balances. Click the icon to view the financial data.) Emerald reported net income of $2,180 and declared dividends amounting to $580. Unrealized losses or affect stockholders' equity. Requirement Prepare a classified balance sheet at December 31 of the current year. At December 31 Assets Current Assets: Cash Accounts Receivable 8200 Intangible Assets - net Merchandise Inventory 5900 t's post-closing account balances. mounting to $580. Unrealized losses on the company's available-for-sale portfolio amounted to $360 for the current year. There are no other events that year. 5900