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Metlock Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to Prepare a revised balance sheet given
Metlock Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings $170,500 and for the equipment, $115,500. The allowance for doubtful accounts has a balance of $27,500. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) \begin{tabular}{|} \hline 185500 \\ \hline \end{tabular} 580500 55000 Liabilities and Stockholders' Equity 135500 $ $510500 63500574000 300500 \begin{tabular}{|ll|} \hline 170500 & 471000 \\ \hline 491500 \\ \hline \end{tabular}
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