Now that operations for outdoor clinics and TEAM events are running smoothy, Suzle thinks of another area for business expianston. She notices that a few clinic participants woar multiuse (MU) watches. Bevond the normal timekeeping features of most watches, MU walches are able to teport tempereture, altitude, and barometric pressure. MU watches are waterproof, so molsture from kayaking. rain, fishing, or even diving up to 100 feet wont damage them. Surie decides to have MU watches available for sale at the start of each clinic. The following trartsactions relate to purchases and sales of watches during the second half of 2025 . Ail watches are sold for 5600 esch. Jinly iz Purchnsed os watches for $9,730 (\$15e per wateh) on sceount. July at Sold 50 watches for 330,000 cash. August 12 Purchesed 50 watches for sa, ono (\$16e per setch) cash. teptenber 19 pald for watches purchased on July 17. septestier 27 Recelve cash of $14,49 for whtches salo on account on August 22. Oetober 27 Purchssed 205 istches for $18,375 (\$175 per watch) cash. Novenber 20 Sold 100 watches for see, 600 eash. Desember it Purchased 110 intches for $20,350 (ssas per watch) on account. Dectenter if Sold 50 watches for 396 , the on account. Late in December, the next generation of multiuse (MU in watches is released, In addition to all of the features of the MU watch, the MU II watches are equipped with a global positioning system (GPS) and have the ability to download and play songs and videos off the Intemet. The demand for the original MU watches is greatly reduced. As of December 31 , the estimated net realizable value of MU watches is only $100 per watch. Prepare a clasuined balance sheet as of December 31, 2025, Choose the approprate accounts to complete the company's balance sheer. The unodjusted, adjusted, or post clasing balances wil appear for eatch account, based on your selection. Now that operations for outdoor clinics and TEAM events are running smoothy, Suzle thinks of another area for business expianston. She notices that a few clinic participants woar multiuse (MU) watches. Bevond the normal timekeeping features of most watches, MU walches are able to teport tempereture, altitude, and barometric pressure. MU watches are waterproof, so molsture from kayaking. rain, fishing, or even diving up to 100 feet wont damage them. Surie decides to have MU watches available for sale at the start of each clinic. The following trartsactions relate to purchases and sales of watches during the second half of 2025 . Ail watches are sold for 5600 esch. Jinly iz Purchnsed os watches for $9,730 (\$15e per wateh) on sceount. July at Sold 50 watches for 330,000 cash. August 12 Purchesed 50 watches for sa, ono (\$16e per setch) cash. teptenber 19 pald for watches purchased on July 17. septestier 27 Recelve cash of $14,49 for whtches salo on account on August 22. Oetober 27 Purchssed 205 istches for $18,375 (\$175 per watch) cash. Novenber 20 Sold 100 watches for see, 600 eash. Desember it Purchased 110 intches for $20,350 (ssas per watch) on account. Dectenter if Sold 50 watches for 396 , the on account. Late in December, the next generation of multiuse (MU in watches is released, In addition to all of the features of the MU watch, the MU II watches are equipped with a global positioning system (GPS) and have the ability to download and play songs and videos off the Intemet. The demand for the original MU watches is greatly reduced. As of December 31 , the estimated net realizable value of MU watches is only $100 per watch. Prepare a clasuined balance sheet as of December 31, 2025, Choose the approprate accounts to complete the company's balance sheer. The unodjusted, adjusted, or post clasing balances wil appear for eatch account, based on your selection
