Question: Can you please show all equations and all work From the following accounts, prepare a balance sheet for Chester CO. for the current calendar year:

Can you please show all equations and all work

From the following accounts, prepare a balance sheet for Chester CO. for the current calendar year:

Accrued interest payable

$ 1,400

Property, plant, and equipment

$ 34,000

Inventory

$ 12,400

Additional paid-in capital

$ 7,000

Deferred taxes payable (noncurrent)

$ 1,600

Cash

$ 1,500

Accumulated depreciation

$ 10,500

Bonds Payable

$ 14,500

Accounts payable

$ 4,300

Common stock

$ 2,500

Prepaid expenses

$ 700

Land held for sale

$ 9,200

Retained earnings

?

Current portion of long-term debt

$ 1,700

Accounts receivable

$ 6,200

Notes payable

$ 8,700

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