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Please clearly show step-by-step calculations and logic and technique applied in arriving at answer. ...

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Accounting

Please clearly show step-by-step calculations and logic and technique applied in arriving at answer.

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15. Arrange the following items in proper balance sheet presentation: Development of balance sheet (LO2-3) Accumulated depreciation Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost. Accounts payable. Allowance for bad debts Common stock, $1 par, 100,000 shares outstanding Inventory.. Preferred stock, $59 par, 1,000 shares outstanding Marketable securities Investments Notes payable Capital paid in excess of par (common stock). $309,000 187,000 14,000 136,000 54,000 775,000 35,000 9,000 100,000 70,000 59,000 24,000 20,000 34,000 88,000

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