The following is a partial listing of accounts for Euisara, Inc., for the year ended December 31, 2010.
Required:
Prepare a balance sheet in good format for December 31, 2010.
|
Finished Goods
|
$ 9,718
|
|
Current Maturities of Long-Term Debt
|
1,257
|
|
Accumulated Depreciation
|
9,980
|
|
Accounts Receivable
|
24,190
|
|
Sales Revenue
|
127,260
|
|
Treasury Stock
|
251
|
|
Prepaid Expenses
|
2,199
|
|
Deferred Taxes (long-term liability)
|
8,506
|
|
Interest Expense
|
2,410
|
|
Allowance for Doubtful Accounts
|
915
|
|
Retained Earnings
|
18,951
|
|
Raw Materials
|
9,576
|
|
Accounts Payable
|
19,021
|
|
Cash and Cash Equivalents
|
8,527
|
|
Sales Salaries Expense
|
872
|
|
Cost of Goods Sold
|
82,471
|
|
Investment in Unconsolidated Subsidiaries
|
3,559
|
|
Income Taxes Payable
|
8,356
|
|
Work In Process
|
1,984
|
|
Additional Paid-In Capital
|
9,614
|
|
Equipment
|
41,905
|
|
Long-Term Debt
|
15,258
|
|
Rent Income
|
2,468
|
|
Common Stock
|
3,895
|
|
Notes Payable (short-term)
|
6,156
|
|
Income Tax Expense
|
2,461
|