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The following accounts appeared on the trial balance of Wildhorse Company at December 31, 2025. Notes Payable (short-term) $185,000 Accounts Receivable $510,000 Accumulated Depreciation
The following accounts appeared on the trial balance of Wildhorse Company at December 31, 2025. Notes Payable (short-term) $185,000 Accounts Receivable $510,000 Accumulated Depreciation - Bldg. 710,000 Prepaid Insurance 52,000 Supplies 36.000 Common Stock 1,225,000 Salaries and Wages Payable 27,000 Unappropriated Retained Earnings 250,000 Debt Investments (long-term) 200.000 Inventory 1,680,250 Cash 190,000 Land 500,000 Bonds Payable Due 1/1/2028 1,000,000 Trading Securities 71,000 Allowance for Doubtful Accts. 7,100 Interest Payable 5,100 Copyrights 185,000 Buildings 1,600,000 Notes Receivable (due in 6 months) 130,000 Accounts Payable 420,000 Income Taxes Payable 165.000 Additional Paid-in Capital 190,000 Preferred Stock 700,000 Appropriated Retained Earnings 300,000 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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