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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