Question
Presented below is the trial balance of Windsor Corporation at December 31, 2025. Debit Credit Cash $198,350 Sales Revenue $8,103,170 Debt Investments (trading) (at
Presented below is the trial balance of Windsor Corporation at December 31, 2025. Debit Credit Cash $198,350 Sales Revenue $8,103,170 Debt Investments (trading) (at cost, $145,000) 156,170 Cost of Goods Sold 4,800,000 Debt Investments (long-term) 300,350 Equity Investments (long-term) 278,350 Notes Payable (short-term) 93,170 Accounts Payable 458,170 Selling Expenses 2,003,170 Investment Revenue 65,770 Land 263,170 Buildings 1,041,350 Dividends Payable 137,350 Accrued Liabilities 99,170 Accounts Receivable 438,170 Accumulated Depreciation-Buildings 152.000
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