Problem 16-06A The following data, presented in alphabetical order, are taken from the records of Oriole Corporation Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation equipment Allowance for doubtful accounts Bonds payable (10%, due 2028) Buildings Cash Common stock ($10 par value: 502,400 shares authorized, 149,900 shares issued) 1,499,000 Dividends payable Equipment $240,500 140,000 181,000 51,600 5,300 499,500 950,500 41,200 80,000 274,100 199,100 119,200 170,100 379,300 udyGoodwill Income taxes payable Inventory Investment in Mara common stock (30% ownership), at equity Investment in Sasse common stock, at fair value Land Notes payable (due 2021) Paid-in capital in excess of par common stock Premium on bonds payable Prepaid insurance Retained earnings Short-term investments, at fair value 278,600 389,500 70,200 130,300 39,200 16,500 102,600 179,500 I Privacy Policy 2000-2018 John Wley & Sons, Inc. Ali Rights Reserved. A Division of John wilcy & Sons Inc