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Presented below is the trial balance of Larkspur Corporation at December 31, 2020, Credit Debit $ 201,180 $ 8,104,150 157,150 4,800,000 303,180 281,180 Cash Sales Debt Investments (trading) (at cost, $145,000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities 94,150 459.150 2,004,150 67,230 264,150 1,044,180 140.180 100,150 140,180 100,150 439,150 152,000 29,150 904,230 215,230 601.180 Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory Gain Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation Equipment Franchises Common Stock ($5 par) Treasury Stock Patents 84.230 904,180 604.150 1,004,180 60,000 160,000 1,004,150 195,150 195,000 nin Retained Earnings Paid-in Capital in Excess of Par Totals 82.180 84.180 $12,369.260 $12,369,260 Prepare a balance sheet at December 31, 2020. for Larkspur Corporation (Ignore income taxes) (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) LARKSPUR CORPORATION Balance Sheet Assets LARKSPUR CORPORATION Balance Sheet Assets $ AM Liabilities and Stockholders' Equity $ HAM Question 2 of 6 Presented below is the trial balance of Larkspur Corporation at December 31, 2020. Credit Debit $ 201,180 $ 8,104,150 157,150 4.800,000 303,180 281,180 94.150 459,150 Cash Sales Debt Investments (trading) (at cost, $145.000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings here to search 2,004,150 67.230 264.150 1.044,180 140.180 100,150 439.150 152,000 3 ps IVOTU % A 2 3 5 6 8 W E R TY U S D F G H J K Question 2 of 6 2,004.150 67.230 264,150 1,044,180 140.180 100,150 439.150 152.000 29.150 Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory Gain Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation Equipment Franchises Common Stock (S5 bar) De here to search 904,230 215.230 601,180 84,230 904.180 604.150 1,004,180 60.000 160,000 1.004.150 o e C F7 $ 2 3 5 8 6 Q W E R. T Question 2 of 6 -/1 160,000 1,004, 150 Franchises Common Stock (55 par Treasury Stock Patents Retained Earnings Paid-in Capital in Excess of Par Totals 195,150 195.000 82,180 84,180 $12,369.260 $12,369.260 Prepare a balance sheet at December 31, 2020, for Larkspur Corporation. Ignore income taxes). (List Current Assets in order of liquidity. List Property. Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question) LARKSPUR CORPORATION Balance Sheet Assets ED DO a Type here to search Dr i PO 9 8 0 7 6 5 3 P U R Q W E F A G H J K L D S M V B N. Question 2 of 6 -/1 LARKSPUR CORPORATION Balance Sheet Assets o 2 . e there to search c 9 2 5 3 W E R U . G F JK S D V B c Z NM ca 7 AM - 2 D O C here to search 0 7 B 3 4 2 5 Q W E R K L F G H D A S NM Z V B C ogu Ctrl 72 o - 3 Type here to search 2 0 W E R K L H G F S D V B NM . Z an Liabilities and Stockholders' Equity $ o 3 pere to sech 4 5 U E R W . G F H S D . B N M V Z X C 0940 Ctrl BE Type here to search 0 7 5 3 2 T Y U Q w R E H G F D S B N X Z $ > e Textbook and Media 7:12 AM List of Account - 1 1 >

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