Question: P36 Balance sheet preparation Use the appropriate items from the following list to prepare in good form Mellarks Baked Goods balance sheet at December 31,
P36 Balance sheet preparation Use the appropriate items from the following list to prepare in good form Mellarks Baked Goods balance sheet at December 31, 2015.
| Mellark's Baked Goods | ||
| Balance Sheet | ||
| December 31, 2015 | ||
| Assets | ||
| Current assets | ||
| Inventories | ||
| Accounts receivable | ||
| Marketable securities | ||
| Cash | ||
| Total current assets | ||
| Gross fixed assets | ||
| Total gross fixed assets | ||
| Less: Accumulated depreciation | ||
| Net fixed assets | ||
| Total assets | ||
| Liabilities and stockholders' equity | ||
| Current liabilities | ||
| Accounts payable | ||
| Accruals | ||
| Total current liabilities | ||
| Long-term debt | ||
| Total liabilities | ||
| Stockholders' equity | ||
| Preferred stock | ||
| Common stock (at par) | ||
| Paid-in capital in excess of par | ||
| Retained earnings | ||
| Total stockholders' equity | ||
| Total liabilities & stockholders' equity | ||
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