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Presented below is the trial balance of Shamrock Corporation at December 31, 2025. Debit Credit Cash $199,560 Sales Revenue $8,103,320 Debt Investments (trading) (at
Presented below is the trial balance of Shamrock Corporation at December 31, 2025. Debit Credit Cash $199,560 Sales Revenue $8,103,320 Debt Investments (trading) (at cost, $145,000) 156,320 Cost of Goods Sold 4,800,000 Debt Investments (long-term) 301,560 Equity Investments (long-term) 279,560 Notes Payable (short-term) 93,320 Accounts Payable 458,320 Selling Expenses 2,003,320 Investment Revenue 67,870 Land 263,320 Buildings 1,042,560 Dividends Payable 138,560 Accrued Liabilities 99,320 Accounts Receivable Accumulated Depreciation-Buildings 438,320 152,000 Allowance for Doubtful Accounts 28,320 Accumulated Depreciation-Buildings 152,000 Allowance for Doubtful Accounts 28,320 Administrative Expenses 904,870 Interest Expense 215,870 Inventory 599,560 Gain 84,870 Notes Payable (long-term) 902,560 Equipment 603,320 Bonds Payable 1,002,560 Accumulated Depreciation-Equipment 60,000 Franchises 160,000 Common Stock ($5 par) 1,003,320 Treasury Stock 194,320 Patents 195,000 Retained Earnings Balance (before Net Income) 80,560 Paid-in Capital in Excess of Par Totals 82,560 $12,357,460 $12,357,460 Prepare a balance sheet at December 31, 2025, for Shamrock Corporation. (Ignore income taxes). (List Current Assets in liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not p descriptive information provided in the question.) Current Liabilities Accounts Payable 458320 Notes Payable Dividends Payable Accrued Liabilities Total Current Liabilities Long-term Liabilities Notes Payable Bonds Payable Total Long-term Liabilities Total Liabilities Stockholders' Equity Paid-in Capital 93320 138560 99320 902560 1002560 Liabilities and Stockholders' Equity 458320 93320 138560 99320 902560 1002560 +6 789520 1905120 2694640 Bonds Payable Total Long-term Liabilities Total Liabilities Stockholders' Equity Paid-in Capital Common Stock Additional Paid-in Capital in Excess of Par-Common Stock Retained Earnings Total Paid-in Capital and Retained Earnings Y Less Treasury Stock Total Stockholders' Equity Total Liabilities and Stockholders' Equity 1003320 1002560 82560 80560 194320 1003320 902560 1002560 82560 80560 194320 1905120 2694640
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