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Prepare balance sheet Cash Sales Trading Securities ( at cost, $145,000) Cost Of Goods Sold Long-term Investments in Bonds Long-term Investments in Stocks Short-term Notes
Prepare balance sheet
Cash Sales Trading Securities ( at cost, $145,000) Cost Of Goods Sold Long-term Investments in Bonds Long-term Investments in Stocks Short-term Notes Payable Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventories Extraordinary Gain (Other comprehensive income) Long-term Notes Payable Equipment Bonds Payable Accumulated Depreciation-Equipment Franchise Common Stock ($5 par) Treasury Stock Patent Retained Earnings Paid-in Capital in Excess of Par -(Provision for Pension) Totals S 197,000 153.000 4,800.000 299,000 277,000 260.000 435,000 900,000 211.000 597,000 600,000 160,000 191,000 195,000 912.315.000 Credits 90,000 455,000 63,000 136.000 96,000 352,000 25,000 80.000 900,000 1000.000 60,000 78,000 80.000 512.315.000
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