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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. 690,000 Prepaid Insurance 57,000 Supplies 42,000 Common Stock 1,025,000 Salaries and Wages Payable 28,000 Unappropriated Retained Earnings 290,000 Debt Investments (long-term) 300,000 Inventory 1,480,250 Cash 190,000 Land 450,000 Bonds Payable Due 1/1/2028 1,300,000 Trading Securities 79,000 Allowance for Doubtful Accts. 7,300 Interest Payable 5,100 Copyrights 195,000 Buildings 1,900,000 Notes Receivable (due in 6 months) 140,000 Accounts Payable 420,000 Income Taxes Payable 165,000 Additional Paid-in Capital 130,000 Preferred Stock 760,000 Appropriated Retained Earnings 210,000 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 $ +A +A $ CA $ +A $ +A $
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