Question

Arrange the following items in proper balance sheet presentation: (Be sure to list the assets in order of their liquidity. Input all answers as positive values.) $210,000 208.100 10,000 136,000 49,500 680.000 Accumulated amortization Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, 100,000 shares outstanding Inventory Preferred stock, 1.000 shares outstanding Marketable securities Investments Notes payable 55,000 Balance Sheet Assets Current Assets: Click to select) Click to select) Click to select) Click to select) SE Liabilities and Shareholders Equity Current Liabilities: Click to select Click to select) Click to select) Total current liabilities Long-term liabilities Click to select) Total current assets Other Assets Click to select) Capital assets Click to select) Click to seled) | PPT Total liabilities Shareholders' Equity Cick to select) Click to select) Click to select) Net plant and equipment Total shareholders' equity Total assets SO Total abilities and shareholders equity

Answer 1

PFB the solution..

Balance sheet
Asset	Amount		Current liabilities	Amount
Current asset			Current liabilities
Cash		10000	Account payable	38000
Marketable securities		20000	notes payable	33000
Account receivable	49500
Less: Allowane for bad debt	-4400	45100	Total current liabilities	71000
Inventory		69000
			Long term liabilities
Total current asset		144100	Bond payable	136000
Other asset			Total liaiblities	207000
Investment		20000
Caapital asset			Shareholder;s equity
Plant and equipment - original cost	680000		Common stock	164000
less: Accumulated depreciation	-210000		Preferred stock	55000
Net plant and equipment		470000	Retained earning	208100
			Total shareholder;s equity	427100
Total asset		634100	Total liabilities and shareholder equity	634100