Question: 2) Balance sheet computations. (Balance Sheet) Presented below is the trial balance of Malady Corporation at December 31, 2020. Debit Credit Cash 295,000 Sales Revenue

 2) Balance sheet computations. (Balance Sheet) Presented below is the trial
balance of Malady Corporation at December 31, 2020. Debit Credit Cash 295,000

2) Balance sheet computations. (Balance Sheet) Presented below is the trial balance of Malady Corporation at December 31, 2020. Debit Credit Cash 295,000 Sales Revenue $12,150,000 Debt Investments (trading) (at cost, $218,000) 230,000 Cost of Goods Sold 7,200,000 Debt Investments (long-term) 448,000 Equity Investments (long-term) 416,000 Notes Payable (short-term) 135,000 Accounts Payable 682,000 Selling Expenses 3,000,000 Investment Revenue 95,000 Land 390,000 Buildings 1,560,000 Dividends Payable 204,000 Accrued Liabilities 144,000 Accounts Receivable 652,000 Accumulated Depreciation-Buildings 228,000 Allowance for Doubtful Accounts 38,000 Administrative Expenses 1,350,000 Interest Expense 317,000 Inventory 895,000 sted.cuny.edu/bbcswebdav/pid-61353380-dt-conte03_E134_1219_1/Fall%202021%20BU103%20Exam%201%20 Gain Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation-Equipment Franchises Common Stock ($5 par) Treasury Stock Patents Retained Earnings Paid-in Capital in Excess of Par Totals 120,000 1,350,000 900,000 1,500,000 90,000 240,000 1,500,000 287,000 293,000 117,000 120.000 $18.473.000 $18.473.000 Instructions Compute each of the following: Total current assets 2. Total property, plant, and equipment 3. Total assets 4. Total liabilities 5. Total stockholders' equity

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