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Presented below is the trial balance of Bridgeport Corporation at December 31, 2020. Debit Credit Cash $ 201,010 Sales $ 8,104,270 157,270 Debt Investments (trading)

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Presented below is the trial balance of Bridgeport Corporation at December 31, 2020. Debit Credit Cash $ 201,010 Sales $ 8,104,270 157,270 Debt Investments (trading) (at cost $145,000) Cost of Goods Sold 4,800,000 Debt Investments (long-term) 303,010 Equity Investments (long-term) 281,010 Notes Payable (short-term) 94,270 Accounts Payable 459,270 Selling Expenses 2,004,270 Investment Revenue 65,700 Land 264,270 Buildings 1,044,010 Dividends Payable 140,010 Accrued Liabilities 100,270 Accounts Receivable 439,270 152.000 29.270 Accumulated Depreciation Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory 902,700 213.700 601,010 Gain 82.700 904,010 604.270 1,004,010 60,000 Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation-Equipment Franchises Common Stock ($5 par) Treasury Stock 160,000 1,004,270 195,270 195.000 Patents Retained Earnings 82.010 84,010 Paid-in Capital in Excess of Par $12,366,070 $12.366,070 Totals Balance Sheet Assets s $ C Liabilities and Stockholders' Equity S

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