Do a balance sheet as of december

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Question - Balance Sheet - A list of XYZ company accounts is presented below in alphabetical order:

Acc. Dep. - Buildings $53,000.00

Acc. Dep. - Equipment $35,100.00

Acc. Other Comprehensive Income $1,100.00

Accounts Payable $22,400.00

Accounts Receivable $21,500.00

Additional Paid in Capital - common $24,000.00

Additional Paid in Capital - preferred $11,500.00

Allowance for Doubtful Accounts $800.00

Bonds Payable (due 2027) $77,000.00

Buildings $144,000.00

Cash $2,900.00

Common Stock, $10 par $30,000.00

Current Tax Payable $10,400.00

Discount on Bonds Payable $6,900.00

Equipment $72,400.00

Inventory $37,200.00

Land $30,000.00

Marketable Securities (short term) $6,100.00

Patents (net) $9,800.00

Preferred stock, $100 par $21,000.00

Retained Earnings $46,200.00

Revenues $107,000.00

Salaries expense $39,000.00

Salaries Payable $2,000.00

Trademarks $3,700.00

Required -

1. Do a Balance Sheet as of December 31, 2019.

2. Calculate working capital.

3. Calculate the current ratio.

You must detail the games that involve calculations.

Reference no: EM133133531

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