Question
rrange the following items in proper balance sheet presentation: (Be sure to list the assets in order of their liquidity. Input all answers as positive
rrange the following items in proper balance sheet presentation: (Be sure to list the assets in order of their liquidity. Input all answers as positive values.) Accumulated amortization $225,000 Retained earnings 202,000 Cash 12,000 Bonds payable 136,000 Accounts receivable 51,000 Plant and equipmentoriginal cost 700,000 Accounts payable 41,000 Allowance for bad debts 5,000 Common stock, 100,000 shares outstanding 170,000 Inventory 72,000 Preferred stock, 1,000 shares outstanding 60,000 Marketable securities 20,000 Investments 22,000 Notes payable (6 months) 38,000
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