Paragraph Styles Exercise 15-14 Prepare assets section of balance sheet LO C1, P1, P2, P3, P4, P5 Selected accounts from GERMX CON usted trial balance for the year ended December follow Cash 5 6,600 27, ese Trading securities (at cost) Short-term stock Investments (at cost Equity method investments Held-to-saturity securities (long- tern) $14,000 Fair value adjustment-stock (1,800) Accounts receivable 6,600 Fair value adjustment-trading 1,300 17.00 Prepare the assess section of a classified balance sheet. Hint For Value Adjustment-Trading increases trading securities For Value Adjustment-Stock decreases stock investment Amounts deducted should be indicated by a minus in Answer is not complete. GERMX CO. Assets Section of Balance Sheet December 31 Assets Current assets Cash Trading securities at cost Fair value adjustment Trading 27.000 Stock investments at cost) Far value adjustment Stock (1 800 Accounts receivable Equity method investments Total current assets 127 100 Long-term Investments Held-10-maturity Securities 17 000 Held-to-maturity securities Total long-term investments 17.000 Total assets