Question: Problem 3 - 3 ( Algo ) Balance sheet preparation [ LO 3 - 2 , 3 - 3 ] The following is a December

Problem 3-3(Algo) Balance sheet preparation [LO3-2,3-3]
The following is a December 31,2024, post-closing trial balance for Almway Corporation.
\table[[Account Title,Webits,Credits],[Cash,,$ 79,000,],[Investment in equity securities,,144,000,],[Accounts receivable,,77,000,],[Inventory,,217,000,],[Prepaid insurance (for the next 9 months),,5,000,0],[Land,,124,000,],[Buildings,,437,000,],[Accumulated depreciation-buildings,,,$ 117,000],[Equipment,,127,000,],[Accumulated depreciation-equipment,,,77,000],[Patent (net),,27,000,],[Accounts payable,,,109,000],[Notes payable,,,*181,000],[Interest payable,,,37,000],[Bonds Payable,,,257,000],[Common stock,,,351,000],[Retained earnings,,,108,000],[Totals,$,1,237,000,\table[[1,237,000
 Problem 3-3(Algo) Balance sheet preparation [LO3-2,3-3] The following is a December

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