Question

3:00 < Back Balance Sheet Exam 1b.png December 31, 2019 CR DR 25000 25000 35000 74000 70000 300000 500000 500000 195000 70000 15600 315000 75000 40000 65000 165000 60000 40000 Cash Accounts Payable Accounts Receivable Accumulated Depreciation Accumulated Other Comprehensive Income Bonds Payable (de 6 months, paid with Debt Service Fund Buildings Common Stock Copper Mine Copyright Current Portion of Long Term Debt Debt Sinking Fund Deferred Pension Asset Deferred Tax Asset Finished Goods Inventory Franchise Goodwill Interest Payable Investment in Jones Co. Bonds to be held) Land Land for future Expansion Land Improvements Long-term Investment in ABC Stock Machinery & Equipment Merchandise Irwentory Mortgage: Payable Note Payable fiche in 5 years) Note Receivable from Officer (che in 3 years) Office Furniture Paid in Capital in Excess of Par Patent Preferred Stock Prepaid Insurance Prepaid Rent Retained Earning Salaries Payable Short-Term Marketable Securities Supplies Inventory Trade Name Trademark Unearned Income to be earned next month) Work in Process Inventory 45000 200000 225000 150000 65000 105000 25000 250000 350000 150000 25000 200000 45000 600000 24000 48000 ??? 35000 10000 15000 40000 15000 60000 40000 Dashboard Calendar To Do Notifications Inbox

provide a balance sheet from the image above be sure to include assets and liabilities/shareholders equity

Answer 1

Liabilities	Amount	Assets	Amount
Shareholders Equity		Building	500,000
Paid up capital	200,000	Machinery and equipment	105,000
Common stock	500,000	office furniture	25,000
Preffered stock	600,000	Trade name	40,000
Accumulated other Comprehensive Income	70,000	Trade mark	15,000
Retained Earning	112,000	Land	200,000
		Land for future expansion	225,000
Other Liabilities		Land Improvements	150,000
Accoounts Payable	25,000	Cash	25,000
Bonds Payable	300,000	Accoounts Receivables	35,000
Current portion of long term debt	156,000	Cooper mine	195,000
Interest	40,000	Copyright	70,000
Mortgage payable	250,000	Debt sinking fund	315,000
Notes payable	350,000	Deffered pension asset	75,000
salary payable	35,000	Deffered tax asset	40,000
Unearned income	60,000	Finished goods inventory	65,000
Accumulated Depreciation	74,000	Goodwill	165,000
		Interest payable	60,000
		Investment in jones co bond	45,000
		Long term investment in ABC stock	65,000
		Merchandise inventory	25,000
		Notes receivable from officer	150,000
		Prepaid insurance	24,000
		Prepaid rent	48,000
		Short term marketable security	10,000
		suplies inventory	15,000
		WIP Inventory	40,000
		Patent	45,000
Total	2,772,000	Total	2,772,000