MEGA Brands Inc. designs, manufactures, and markets high- quality toys and stationery products. The company has manufacturing facilities or distribution centres in 14 countries. Its products are marketed worldwide in over 100 countries under leading brands such as MEGA BLOKS, ROSE ART, and BOARD DUDES. The following is a list of accounts and amounts reported in the company€™s financial statements for 2012. The accounts have normal debit or credit balances and their balances are rounded to the nearest thousand dollars. The company€™s fiscal year ends on December 31.

Required:
Prepare an adjusted trial balance at December 31, 2012. List the accounts in the following order: assets, liabilities, shareholders€™ equity, revenues, and expenses. How did you determine the amount for retained earnings (deficit)?

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Accumulated other comprehensive income Cash and cash equivalents Cost of sales Current portion of long-term debt Financial assets (current) Financial expenses Goodwill Income tax expense Income taxes payable Intangibles Inventories 4,745 Long-term debt 8,018Marketing and advertising expenses 113,198 16,937 9,370 39,817 16,218 262,452 Prepaid expenses 8,023 113 17,647 30,000 1,642 5,631 22,771 45,779 Property, plant, and equipment Research and development expenses Retained earnings (deficit), January 1, 2012 Sales revenue Selling, distribution, and administrative expenses Contributed capital Trade and other payables Trade and other receivables 420,271 87,830 460,400 62,638 130,541