Arrange the following items in proper balance sheetpresentation: (Amounts to be deducted should be indicatedwith parentheses or a minus sign.)

Accumulated depreciation $ 391,000

Retained earnings 35,000

Cash 19,000

Bonds payable 174,000

Accounts receivable 49,000

Plant and equipmentâoriginal cost 741,000

Accounts payable 37,000

Allowance for bad debts 6,000

Common stock, $1 par, 100,000 shares outstanding 100,000

Inventory 68,000

Preferred stock, $54 par, 1,000 shares outstanding 54,000

Marketable securities 21,000

Investments 27,000

Notes payable 36,000

Capital paid in excess of par (common stock) 92,000

Balance Sheet

Assets Liabilities and StockholdersâEquity

Current Assets: Current Liabilities:

Total current liabilities

Long-term liabilities

Net accounts receivable

Total current assets Total liabilities

Other Assets: Stockholdersâ Equity:

Fixed assets:

Net plant and equipment Total stockholdersâ equity

Total assets Total liabilities andstockholdersâ equity

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Question

Arrange the following items in proper balance sheetpresentation: (Amounts to be deducted should be indicatedwith parentheses or a minus sign.)


Accumulated depreciation	$	391,000
Retained earnings		35,000
Cash		19,000
Bonds payable		174,000
Accounts receivable		49,000
Plant and equipmentâoriginal cost		741,000
Accounts payable		37,000
Allowance for bad debts		6,000
Common stock, $1 par, 100,000 shares outstanding		100,000
Inventory		68,000
Preferred stock, $54 par, 1,000 shares outstanding		54,000
Marketable securities		21,000
Investments		27,000
Notes payable		36,000
Capital paid in excess of par (common stock)		92,000

Balance Sheet
Assets			Liabilities and StockholdersâEquity
Current Assets:			Current Liabilities:



			Total current liabilities
			Long-term liabilities

Net accounts receivable
Total current assets			Total liabilities
Other Assets:			Stockholdersâ Equity:


Fixed assets:


Net plant and equipment			Total stockholdersâ equity
Total assets			Total liabilities andstockholdersâ equity

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Accumulated depreciation	$	302,000
Retained earnings		105,000
Cash		18,000
Bonds payable		167,000
Accounts receivable		52,000
Plant and equipmentâoriginal cost		731,000
Accounts payable		39,000
Allowance for bad debts		11,000
Common stock, $1 par, 100,000 shares outstanding		100,000
Inventory		67,000
Preferred stock, $59 par, 1,000 shares outstanding		59,000
Marketable securities		27,000
Investments		22,000
Notes payable		40,000
Capital paid in excess of par (common stock)		94,000