Question: Problem 1 Listed here are items taken from the balance sheet of Orlando Medical Supplies, Inc. for the year ended December 31, 2019. Prepare a

 Problem 1 Listed here are items taken from the balance sheet

Problem 1 Listed here are items taken from the balance sheet of Orlando Medical Supplies, Inc. for the year ended December 31, 2019. Prepare a properly classified and labeled balance sheet statement using the items listed below. See textbook, pages 29 - 31 and 46 - 47 for guidance. Make sure subtotals/totals are properly included. I Accumulated depreciation...... Retained earnings.......... Cash........... Bonds payable........ Accounts receivable. Plant and equipment-original cost... Accruals....... Accounts payable.. Allowance for bad debts. Common stock, S1 par.... Inventory.......... Preferred stock, S10 par... Investments in short-term marketable securities.... Investments in long-term debt, securities... Notes payable - long term..... Capital paid in excess of par (common stock) 960,400 560,000 250,140 240,000 420,400 2,998,800 224,600 314,210 30,334 Calculate this value 410,700 600,000 90,200 312,340 221698 300,000

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