Problem 2-15 (Static) Development of balance sheet [LO2-3]

Prepare the balance sheet for the following:

Note: Amounts to be deducted should be indicated with parentheses or a minus sign.

AccumulateddepreciationRetainedearningsCashBondspayableAccountsreceivablePlantandequipment-originalcostAccountspayableAllowanceforbaddebtsCommonstock,$1par,100,000sharesoutstandingInventoryPreferredstock,$59par,1,000sharesoutstandingMarketablesecuritiesInvestmentsNotespayableCapitalpaidinexcessofpar(commonstock)$309,000187,00014,000136,00054,000775,00035,0009,000100,0070,00059,00024,00020,00034,00088,000