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Please explain and answer all parts. begin{tabular}{|c|c|} hline ltom & begin{tabular}{c} Value ($000) at Dec 31,2019 end{tabular} hline Accounts payable & $224
Please explain and answer all parts.
\begin{tabular}{|c|c|} \hline ltom & \begin{tabular}{c} Value ($000) at \\ Dec 31,2019 \end{tabular} \\ \hline Accounts payable & $224 \\ \hline Accounts receivable & 446 \\ \hline Accruals & 51 \\ \hline \begin{tabular}{l} Accumulated depreciation \\ Buildings \end{tabular} & 270 \\ \hline \begin{tabular}{l} Bulldings \\ Cash \end{tabular} & 226 \\ \hline Common stock (at par) & \begin{tabular}{rl} 210 & 0 \\ 05 & 0 \end{tabular} \\ \hline Cost of goods sold & 95 \\ \hline Depreciation expense & 2,547 \\ \hline Equipment & 46 \\ \hline Furniture and fixtures & 142 \\ \hline General expense & 166 \\ \hline Inventories & 325 \\ \hline Land & 379 \\ \hline Long-term debts & 100 \\ \hline Machinery & 421 \\ \hline Marketable securities & \begin{tabular}{r} 418 \\ 70 \end{tabular} \\ \hline Notes payable & \begin{tabular}{r} 78 \\ 473 \end{tabular} \\ \hline Paid-in capital in excess of par & 473 \\ \hline Preferred stock & 381 \\ \hline Retained earnings & 104 \\ \hline Sales revenue & \begin{tabular}{r} 189 \\ 3588 \end{tabular} \\ \hline Vehicles & \begin{tabular}{r} 3.586 \\ 23 \end{tabular} \\ \hline \end{tabular} Balance sheet preparation Use the appropriate items from the following list to prepare in good form Mellark's Baked Goods balance sheet at December 31, 2019. Complete the fragment of the balance sheet below ($000) : (Select the correct account from the drop-down menu and round to the nearest dollar.)Step by Step Solution
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