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The following accounts appeared on the trail balance of Sunland Company at December 31, 2020. Notes Payable (short-term) Accumulated Depreciation - Bldg. Supplies Salaries and
The following accounts appeared on the trail balance of Sunland Company at December 31, 2020. Notes Payable (short-term) Accumulated Depreciation - Bldg. Supplies Salaries and Wages Payable Debt Investments (long-term) Cash Bonds Payable Due 1/1/2028 Allowance for Doubtful Accts. Copyrights Notes Receivable (due in 6 months) Income Taxes Payable Preferred Stock Appropriated Retained Earnings $185,000 770,000 38,000 29,000 290,000 200,000 1,200,000 7,800 195,000 130,000 155,000 750,000 280,000 Accounts Receivable Prepaid Insurance Common Stock Unappropriated Retained Earnings Inventory Land Trading Securities Interest Payable Buildings Accounts Payable Additional Paid-in Capital $530,000 54,000 1,025,000 270,000 1,580,250 400,000 78.000 5,100 1,300,000 430,000 120,000 Compute each of the following: 1. Total current assets $ 2. Total property, plant, and equipment $ 3. Total assets $ 4. Total current liabilities $ 5. Total stockholders' equity $
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