Question: Can someone please assist and explain how done please only if confident. PROBLEMS 92. Balance sheet presentation (5 points) Given the following account information for

Can someone please assist and explain how done please only if confident.  Can someone please assist and explain how done please only if

PROBLEMS 92. Balance sheet presentation (5 points) Given the following account information for Leong Corporation, preo nave normal report form for the company as of December 31,2010. All accounta a balance sheet in tne company as of December Equipment Interest Expense Interest Payable 40,000 2.400 Dividends Land Inventory Bonds Payable Notes Payable (due in 6 months) Common Stock 50.400 137,320 102,000 78,000 Prepaid Advertising Revenue Buildings Supplies Taxes Payable Utilities Expense Advertising Expense Salary Expense Salaries Payable Accumulated Depr. Bld. Cash Depreciation Expense 14,400 60,000 10,000 5,000 331,400 80,400 1,860 3,000 1,320 1,560 53,040 15,000 30,000 8,000 Building & Equipment

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