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Problem 1 Listed here are items taken from the balance sheet of Orlando Medical Supplies, Inc. for the year ended December 31, 2019. Prepare a

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Problem 1 Listed here are items taken from the balance sheet of Orlando Medical Supplies, Inc. for the year ended December 31, 2019. Prepare a properly classified and labeled balance sheet statement using the items listed below. See textbook, pages 29 - 31 and 46 - 47 for guidance. Make sure subtotals/totals are properly included. Accumulated depreciation................ 960,400 Retained earnings.......... 560,000 Cash....... ....... ... 250,140 Bonds payable......................................................... 240,000 Accounts receivable............ ... 420,400 Plant and equipment-original cost............................. 2,998,800 Accruals........ 224.600 Accounts payable. *** 314,210 Allowance for bad debts. ... 30,334 Common stock, S1 par.............................................. Calculate this valus Inventory..... . *** ........... 410,700 Preferred stock, $10 par.... 600,000 Investments in short-term marketable securities................... 90,200 Investments in long-term debt securities......... 312,340 Notes payable - long term..... .... . . . ......... 221698 Capital paid in excess of par (common stock) .................. 300,000 FREERU (United States)

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