Arrange the following items in proper balance sheet presentation:

Note: Amounts to be deducted should be indicated with parentheses or a minus sign.

Accumulated depreciation$ $317,000$Retained earnings$141,000$Cash$17,000$Bonds payable$167,000$Accounts receivable$57,000$Plant and equipment$$original cost$773,000$Accounts payable$40,000$Allowance for bad debts$12,000$Common stock, $$1$ par, $100,000$ shares outstanding$100,000$Inventory$68,000$Preferred stock, $$51$ par, $1,000$ shares outstanding$51,000$Marketable securities$26,000$Investments$20,000$Notes payable$36,000$Capital paid in excess of par $($common stock$)97,000$

$3$

Arrange the following items in proper balance sheet presentation:

Note: Amounts to be deducted should be indicated with parentheses or a minus sign.

$2$

points

Accumulated depreciation

Retained earnings

Cash

Bonds payable

Accounts receivable

Plant and equipment$-$original cost

Accounts payable

Allowance for bad debts

Common stock, $\backslash$$$1$ par, $100,000$ shares outstanding Inventory

Preferred stock, $\backslash (\backslash$$ $51\backslash )$ par, $1,000$ shares outstanding

Marketable securities

Investments

Notes payable

Capital paid in excess of par $($common stock$)$

$\backslash$$ $317,000$

$141,000$

$17,000$

$167,000$

$57,000$

$773,000$

$40,000$

$12,000$

$100,000$

$68,000$

$51,000$

$26,000$

$20,000$

$36,000$

$97,000$

Mc

Graw

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