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Toto Company reports the following on its year-end adjusted trial balance: Investment in held-to-maturity bonds $6,500, fund to retire long-term bonds payable $7,750, trademarks $5,500
Toto Company reports the following on its year-end adjusted trial balance: Investment in held-to-maturity bonds $6,500, fund to retire long-term bonds payable $7,750, trademarks $5,500 and long-term advances to Unconsolidated affiliated companies $3,500. Prepare the long-term investments section of toto's year-end balance sheet.
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