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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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