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prepare balance sheet: Accumulated Depreciation-Equipment 5,000 Accounts payables 15,000 Additional Paid in Capital 3,000 Organization costs 4,000 trademarks 5,000 marketable securities 7,000 Long-term investment in
prepare balance sheet:
Accumulated Depreciation-Equipment 5,000
Accounts payables 15,000
Additional Paid in Capital 3,000
Organization costs 4,000
trademarks 5,000
marketable securities 7,000
Long-term investment in bonds 8,000
Allowances for doubtful accounts 2000
retained earnings 12000
wages payables 2000
Accumulated depreciation-building 10000
cash 6200
land 7000
current tax payables 4000
Bonds payables 58000
Accounts receivables 13000
treasury stocks 10000
Notes payables-long term 10000
buildings 45000
common stocks 31200
Inventory 30000
Equipment 17000
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