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TASK #3-Balance sheet presentation. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company f December 31,2017.

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TASK #3-Balance sheet presentation. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company f December 31,2017. All accounts have normal balances. Accounts Receivable Accumulated Depreciation-Bld Accumulated Depreciation-Equip. Buildings Cash 102,000 15,000 10,000 80,400 50,000 70,000 137,320 5,000 Land Prepaid Advertising Supplies 1,860 Bonds Payable 78,000 3,000 600 34,400 Income Taxes Payable Interest Payable Notes Payable (due in 6 months) Salaries and Wages Payable 900 Retained Earnings Dividends Common Stock Service Revenue 50,400 70,000 351,400 Advertising Expense Depreciation Expense 1,560 8,000 Interest Expense Salaries and Wages Expense Utilities Expense 2,400 53,040 1,320

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