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Use the appropriate items from the following list to prepare in good form the General Motor Balance sheet for December 31, 2018 $365,000 Accounts Payable
Use the appropriate items from the following list to prepare in good form the General Motor Balance sheet for December 31, 2018 $365,000 Accounts Payable $ 220,000 Inventories Accounts $ 450,000 Land Receivable $ 100,000 Accruals $ 55,000 Long-term debts $ 420.000 $ 265,000 Machinery $ 420,000 Accumulated depreciation Buildings $ 225,000 Marketable securities $ 75,000 Cash $ 215.000 Notes Payable $ 475,000 Common Stock (at $ 90.000 Paid-in capital in $360,000 par excess of par Cost of goods sold ($2.500.000 Preferred stock $100,000 Depreciation $ 45.000 Retained earings $200.000 Expense Equipment $140.000 Sales Revenue $3,600,000 Furniture & Fixtures $ 170.000 Vehicles $ 25,000
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