The adjusted trial balance of Coronado Company and other related information for the year 2017 are presented as follows CORONADO COMPANY ADJUSTED TRIAL BALANCE DECEMBER 31, 2017 Debit Credit Cash $ 45,130 Accounts Receivable 167,630 Allowance for Doubtful Accounts $ 9,200 Prepaid Insurance 6,400 Inventory 212,630 Equity Investments (long term) 343,130 Land 89,130 Construction in Progress (building) 128,130 Patents 36,000 Equipment 404,130 Accumulated Depreciation Equipment 240,500 Discount on Bonds Payable 20,000 Accounts Payable 152,130 Accrued Liabilities 53,330 Notes Payable 98,130 Bonds Payable 204,130 Common Stock 504,130 Paid in Capital in Excess of Par Common Stock 45,000 Retained Earnings 145,760 $1,452,310 $1,452,310 Additional information 1 The LIFO method of inventory value is used 2 The cost and fair value of the long term investments that consist of stocks and bonds is the same 3 The amount of the Construction in Progress account represents the costs expended to date on a building in the process of construction (The company rents factory space at the present time ) The land on which the building is being constructed cost $89,130, as shown in the trial balance 4 The patents were purchased by the company at a cost of $40,000 and are being amortized on a straight line basis 5 Of the discount on bonds payable, $2,000 will be amortized in 2018 6 The notes payable represent bank loans that are secured by long term investments carried at $124,130 These bank loans are due in 2018 7 The bonds payable bear interest at 8 payable every December 31, and are due January 1, 2028 8 600,000 shares of common stock of a par value of $1 were authorized, of which 504,130 shares were issued and outstanding Prepare a balance sheet as of December 31, 2017, so that all important information is fully disclosed (List Current Assets in order of liquidity List Property, Plant and Equipment in order of Land, Building and Equipment Enter account name only and do not provide the descriptive information provided in the question )

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The adjusted trial balance of Coronado Company and other related information for the year 2017 are presented as follows. CORONADO COMPANY ADJUSTED TRIAL BALANCE DECEMBER

The adjusted trial balance of Coronado Company and other related information for the year 2017 are presented as follows.

CORONADO COMPANY ADJUSTED TRIAL BALANCE DECEMBER 31, 2017
	Debit	Credit
Cash	$ 45,130
Accounts Receivable	167,630
Allowance for Doubtful Accounts		$ 9,200
Prepaid Insurance	6,400
Inventory	212,630
Equity Investments (long-term)	343,130
Land	89,130
Construction in Progress (building)	128,130
Patents	36,000
Equipment	404,130
Accumulated Depreciation-Equipment		240,500
Discount on Bonds Payable	20,000
Accounts Payable		152,130
Accrued Liabilities		53,330
Notes Payable		98,130
Bonds Payable		204,130
Common Stock		504,130
Paid-in Capital in Excess of Par-Common Stock		45,000
Retained Earnings		145,760
	$1,452,310	$1,452,310

Additional information:

1.		The LIFO method of inventory value is used.
2.		The cost and fair value of the long-term investments that consist of stocks and bonds is the same.
3.		The amount of the Construction in Progress account represents the costs expended to date on a building in the process of construction. (The company rents factory space at the present time.) The land on which the building is being constructed cost $89,130, as shown in the trial balance.
4.		The patents were purchased by the company at a cost of $40,000 and are being amortized on a straight-line basis.
5.		Of the discount on bonds payable, $2,000 will be amortized in 2018.
6.		The notes payable represent bank loans that are secured by long-term investments carried at $124,130. These bank loans are due in 2018.
7.		The bonds payable bear interest at 8% payable every December 31, and are due January 1, 2028.
8.		600,000 shares of common stock of a par value of $1 were authorized, of which 504,130 shares were issued and outstanding.

Prepare a balance sheet as of December 31, 2017, so that all important information is fully disclosed. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)