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Presented below is the trial balance of Buffalo Corporation at December 31, 2020. Credit Debit $ 200,710 $ 8,101,330 154,330 4,800,000 302.710 280,710 91,330 456,330

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Presented below is the trial balance of Buffalo Corporation at December 31, 2020. Credit Debit $ 200,710 $ 8,101,330 154,330 4,800,000 302.710 280,710 91,330 456,330 2,001,330 66,670 261,330 1,043,710 Cash Sales Debt Investments (trading) (at cost, $145,000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) 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 Inventory Gain Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation-Equipment Franchises Common Stock ($5 par) 139.710 97,330 436,330 152,000 26,330 903,670 214,670 600 710 83,670 903,710 601,330 1,003,710 60,000 160,000 1,001,330 MacBook Pro -/18 90 100, 1,001,330 Common Stock ($5 par) Treasury Stock Patents Retained Earnings Paid-in Capital in Excess of Par Totals 192,330 195,000 81.710 83.710 $12,348,870 $12,348,870 Prepare a balance sheet at December 31, 2020, for Buffalo 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.) BUFFALO CORPORATION Balance Sheet Assets $ $ MacBook Pro -/18 E : : Liabilities and Stockholders' Equity MacBook Pro - Liabilities and Stockholders' Equity : MacBook Pro Question 7 of 7 -/18 LIDUNT anu CANET Equity $ $ MacBook Pro e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer MacBook Pro

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