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Problem 3-3 Balance sheet preparation [LO3-2, 3-3] The following is a December 31, 2018, post-closing trial balance for Almway Corporation. Account Title Debitscredits Cash Investments

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Problem 3-3 Balance sheet preparation [LO3-2, 3-3] The following is a December 31, 2018, post-closing trial balance for Almway Corporation. Account Title Debitscredits Cash Investments Accounts receivable Inventories Prepaid insurance (for the next 9 months) Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents (net of amortization) Accounts payable Notes payable Interest payable Bonds Payable Common stock Retained earnings Totals 47,000 112,000 61,000 201,000 8,000 92,000 421,000 101,000 111,000 es 61,000 11,000 77,000 133,000 21,000 241,000 303,000 127,000 1,064,000 1,064,000

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