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Presented below is the trial balance of Ayayai Corporation at December 31, 2017. Debits Credits Cash $ 101,610 Sales $ 4,054,460 Trading Securities (at cost,

Presented below is the trial balance of Ayayai Corporation at December 31, 2017. Debits Credits Cash $ 101,610 Sales $ 4,054,460 Trading Securities (at cost, $145,000) 80,960 Cost of Goods Sold 2,400,000 Long-term Investments in Bonds 152,610 Long-term Investments in Stocks 141,610 Short-term Notes Payable 49,460 Accounts Payable 231,960 Selling Expenses 1,004,460 Investment Revenue 34,870 Land 134,460 Buildings 523,110 Dividends Payable 71,110 Accrued Liabilities 52,460 Accounts Receivable 221,960 Accumulated Depreciation-Buildings 76,000 Allowance for Doubtful Accounts 16,960 Administrative Expenses 453,370 Interest Expense 108,870 Inventories 301,610 Gain on Sale of Investments 43,370 Prior Period AdjustmentDepr. Error 70,000 Long-term Notes Payable 453,110 Equipment 304,460 Bonds Payable 503,110 Accumulated Depreciation-Equipment 30,000 Franchise (net of $80,000 amortization) 80,000 Common Stock ($5 par) 504,460 Treasury Stock 99,960 Patents (net of $30,000 amortization) 97,500 Retained Earnings 112,110 Additional Paid-in Capital 43,110 Totals $6,276,550 $6,276,550 Prepare a balance sheet at December 31, 2017, for Ayayai Corporation. Ignore income taxes. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) AYAYAI CORPORATION Balance Sheet choose the accounting period Assets select an opening name for subsection one enter a balance sheet item $enter a dollar amount enter a balance sheet item enter a dollar amount enter a balance sheet item $enter a dollar amount select between addition and deduction : enter a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts enter a balance sheet item enter a dollar amount select a closing name for subsection one $enter a total amount for subsection one select an opening name for subsection two enter a balance sheet item enter a dollar amount enter a balance sheet item enter a dollar amount select a closing name for subsection two enter a total amount for subsection two select an opening name for subsection three enter a balance sheet item enter a dollar amount enter a balance sheet item enter a dollar amount select between addition and deduction : enter a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts enter a balance sheet item enter a dollar amount select between addition and deduction : enter a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts select a closing name for subsection three enter a total amount for subsection three select an opening name for subsection four enter a balance sheet item enter a dollar amount enter a balance sheet item enter a dollar amount select a closing name for subsection four enter a total amount for subsection four select a closing section name for this part of the balance sheet $enter a total amount for this part of the balance sheet Liabilities and Stockholders' Equity select an opening name for subsection one enter a balance sheet item $enter a dollar amount enter a balance sheet item enter a dollar amount enter a balance sheet item enter a dollar amount enter a balance sheet item enter a dollar amount select a closing name for subsection one $enter a total amount for subsection one of the second part of the balance sheet select an opening name for subsection two enter a balance sheet item enter a dollar amount enter a balance sheet item enter a dollar amount select a closing name for subsection two enter a total of the two previous amounts select a closing name for section one enter a total amount for this section of the balance sheet select an opening name for section two select an opening subsection name enter a balance sheet item $enter a dollar amount enter a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts enter a balance sheet item enter a dollar amount select a summarizing line for this part of the statement enter a total of the two previous amounts select between addition and deduction : enter a balance sheet item enter a dollar amount select a closing name for section two enter a total of the two previous amounts select a closing section name for this part of the balance sheet $enter a total amount for this part of the balance sheet

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