please how do i prepare the balance sheet ?

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Question 3 [40 points) The following balance sheet for Barton Corporation was prepared by a recently hired accountant. In reviewing the statement, you notice several errors: 1. Accounts receivable includes a $550,000 note receivable from a customer due in 2017, 2. Cash includes a $740,000 bond sinking fund to be used for repayment of the bonds payable in 2018 The marketable securities account represents an investment in the common shares of another corporation Burton Corporation intends to sell $270,000 within the next year. 4. The note payable includes accrued interest of $310,000. Principal and interest are both due on January 30, 2016. 5. The cost of machinery is $280,000. Accumulated depreciation is omitted 6. "Allowance for doubtful accounts' is recorded as a liability 7. The company began operations in 2004. Income less dividends since the inception of the company totals $1.670,000 8. 40,000 common shares were issued in 2004,80,000 shares are authorized Prepare a corrected classified balance sheet/statement of financial position. (For simplictyonore required disclosures and make sure to include all the headings and totals). Please make sure your final answer(s) are accurate to 2 decimal places Barton Corporation Balance Dheel Nora 10, 2013 x x Baroit color won Balance Bleu Nawet 10.2016 Assets Cash 380,000 Accounts receivable 1,480,000 Inventory 1.110,000 Machinery 250,000 Franchise 270,000 Marketable securities 810.000 Total assets 4,000,000 Liabilities and Shareholders' Equity Accounts payable 530,000 Allowance for doubtful accounts 20,000 Notes payable 920,000 Bonds payable 1,430,000 Shareholders' equity 2,000,000 Total abilities and shareholders' equity 4,000,000 CS Scanned with CamScanner Question 4 [10 points] badan Question 3 [40 points) The following balance sheet for Barton Corporation was prepared by a recently hired accountant. In reviewing the statement, you notice several errors 1. Accounts receivable includes a $550,000 note receivable from a customer due in 2017 2. Cash includes a $740,000 bond sinking fund to be used for repayment of the bonds payable in 2018 3. The marketable securities account represents an investment in the common shares of another corporation, Barton Corporation intends to sell $270,000 within the next year, 4. The note payable includes accrued interest of $310,000. Principal and interest are both due on January 30, 2016, 5. The cost of machinery is $280,000. Accumulated depreciation is omitted, 6. 'Allowance for doubtful accounts is recorded as alability 7. The company began operations in 2004. Income less dividends since the inception of the company totals $1,670,000 8. 40,000 common shares were issued in 2004. 80,000 shares are authorized Prepare a corrected clasalled balance sheet/statement of financial position. (For simplicty ignore required disclosures and make sure to include all the headings and totals). Please make sure your inal answer(s) are accurate to 2 decimal places BCN Baleat Newer 2010 Baron Cun Balance sheet () Noen 2015 Assets Cash 950.000 Accounts receivable 1.480,000 Inventory 1.110,000 Machinery 250,000 Franchise 270,000 Marketable securities 810,000 Total assets 4.900.000 Liabilities and Shareholders' Equity Accounts payable 530,000 Allowance for doubtful accounts 20,000 Notes payable 920,000 Bonds payable 1.430,000 Shareholders' equity 2,000,000 Total liabilities and shareholders' equity 4,900.000 Scanned with SamScanner Question 4 [10 points)