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On December 31, Gonzalez Company had the following list of account balances. S 11800 54500 21300 Accounts Payable Accounts Receivable Accumulated Depreciation, Buildings Accumulated Depreciation,

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On December 31, Gonzalez Company had the following list of account balances. S 11800 54500 21300 Accounts Payable Accounts Receivable Accumulated Depreciation, Buildings Accumulated Depreciation, Equipment Beginning Retained Earnings 4800 S 50000 Dividends 48700 Equipment 58900 Prepaid Rent 18400 Rent Expense 60400 Salaries Expense 108000 Salaries Payable 27400 Service Revenue 32400 Supplies 2500 5200 Buildings 93700 Capital Stock 18200 Cash 1000 Supplies Expense 9400 Depreciation Expense, Buildings Depreciation Expense, Equipment 1400 Hint: You will need to determine the net book value for equipment and buildings. You will also need to determine ending retained earnings. Gonzalez Company Balance Sheet December 31 Assets Current Assets Choose one) 2 Total Current Assets Property, Plant, and Equipment: (Choose on Total Proty, Plant, and Equipment Total Asset Llabilities Current Ubilities: Choose one) Tol Liabilities Stockholders' Equity 11 Choose one Total Stockholders' Equity Total Liabilities and Stockholders' Equity

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