December $31$ year $2.$ Cash $$6500$; accounts receivable $16,365$ ; allowance for doubtful accounts $2,300$ ; inventory $23,820$ ; accounts payable $10,835$ ; common stock $21\mathrm{.}400$ ; retained earnings $12,210.$

Transactions for year $3$: $1.$ acquired an additional $10,100$ cash from the issue of common stock. $2.$ purchased $61,800$ of inventory on account. $3.$ sold inventory that cost $61,200$ for $93,600.$ Sales were made on account. $4.$ The company wrote off $1,240$ of uncollectible accounts. $5.$ On September $1.$ LGS loaned $$9,000$ to Eden Company. The note had an $7$ percent interest rate and a one$-$year term. $6.$ Paid $$16,410$ for operating expenses. $7.$ The company collected $76,190$ cash from accounts receivable. $8.$ A cash payment of $$53,920$ was paid on accounts payable. $9.$ The company paid a $$4,300$ cash dividend to the stockholders. $10.$ Uncollectible accounts are estimated to be $1$ percent of sales on account. $11.$ received the accrued interest at December $31,$ year $3($see item $5).$

Make a balance sheet for year $3.$ First row options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable or retained earnings. Row $2$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $3$ options are: less allowance for doubtful accounts or plus allowance for doubtful accounts. Row $4$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $5$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable merchandise inventory, notes receivable, or retained earnings. Row $6$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $7$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $8$ is total assets. Row $9$ options are accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings Row $10$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $11$ is total liabilities. Row $12$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $13$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $14$ options are: accounts payable, accounts receivable, cash, common stock, interest receivable, merchandise inventory, notes receivable, or retained earnings. Row $15$ is total stockholders equity. Row $16$ is total liabilities and stockholders equity.