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please help and solve. please do not cut off the numbers. Preparation of Balance Sheet Dooley Company's December 31 post-closing trial balance contains the following
please help and solve. please do not cut off the numbers.
Preparation of Balance Sheet Dooley Company's December 31 post-closing trial balance contains the following normal balances: Cash 59.900 Accounts payable 19.800 Building 483.450 Long term notes payable 863,500 Common stock 990.000 Retained earnings 77.000 Accumulated depreciation Equipment 198.000 Land 912.450 Accounts receive 24,750 Accumulated depreciation-Building 180.500 Wages payable 6,600 Patent net of amortization 132.000 Notes payable (short term) 144100 Inventory 226,600 Equipment 660.000 Allowance for doubtful accounts 1.650 Su Prepare a December 31 classified balance sheet for Dooley Company. Do not use negative signs with any of your answers. DOOLEY COMPANY Balance Sheet December 31 Assets Current Assets: Cash $ 9900 Accounts Receivable 24750 Less: Allowance for Doubtful Accounts 1650 Inventory 26600 Total Current Assets Plant Assets: 912450 483450 4) Land Building Accumulated Depreciation Equipment Accumulated Depreciation Total Plant Assets = > 132000 $ $ 19800 6600 144100 Patent (net of amortization) Total Assets Liabilities Current Liabilities: Accounts Payable Wages Payable Notes Payable (short term) Total Current Liabilities Long-Term Liabilities: Notes Payable Total Liabilities Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 170500 > 3400 990000 77000 > 106700 210100 Step by Step Solution
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