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Problem 3-2 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at
Problem 3-2 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2021. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the missing amounts. (Enter the answers in thousands of dollars.) ($in 000s) Cash and cash equivalents $ 242,286 Short-term investments 357,700 Accounts receivable 508,944 Inventory Prepaid expenses (current) 87,259 Total current assets 1,634,927 Long-term receivables 114,800 Equipment (net) Total assets Notes payable (current) 35,116 Accounts payable. Accrued liabilities 425,772 Other current liabilities 185,604 Total current liabilities 697,564 Long-term debt Total liabilities 996,140 Common stock 410,627 Retained earnings 1,000,000 Required 1 Required 2 >
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