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please show work, thanks The following accounts appeared on the trail balance of Elbert Company at December 31, 2017. Notes Payable (short-term) $192,000 Accounts Receivable
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The following accounts appeared on the trail balance of Elbert Company at December 31, 2017. Notes Payable (short-term) $192,000 Accounts Receivable $518,400 Accumulated Depreciation Bldg Supplies Salaries and Wages Payable Debt Investments (long-term) Cash Bonds Payable Due 1/1/2025 Allowance for Doubtful Accts Copyrights Notes Receivable (due in 6 months) Income Taxes Payable Preferred Stock Appropriated Retained Earnings 56,250 1,125,000 34,200 Unappropriated Retained Earnings 318,000 1,580,250 465,000 73,200 5,700 1,926,000 409,950 163,800 783,000 Prepaid Insurance 37,800 Common Stock 281,400 Inventory 170,250 Land 1,200,000 Trading Securities 7,800 Interest Payable 192,900 Buildings 138,000 Accounts Payable 156,000 Additional Paid-in Capital 750,000 294,000 Compute each of the following 1 Total current assets 2 Total property, plant, and equipment 3. Total assets 4. Total current liabilities 5. Total stockholders' equityStep by Step Solution
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