Presented below is the trial balance of Riverbed Corporation at December 31, 2020. Debit Credit...
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Accounting
Presented below is the trial balance of Riverbed Corporation at December 31, 2020. Debit Credit Cash $ 200,620 Sales $ 8,104,760 Debt Investments (trading) (at cost, $145,000) 157,760 Cost of Goods Sold 4,800,000 Debt Investments (long-term) 302,620 Equity Investments (long-term) 280,620 Notes Payable (short-term) 94,760 Accounts Payable 459,760 Selling Expenses 2,004,760 Investment Revenue 66,470 Land 264,760 Buildings 1,043,620 Dividends Payable 139,620 Dividends Payable 139,620 Accrued Liabilities 100,760 Accounts Receivable 439,760 Accumulated Depreciation-Buildings 152,000 Allowance for Doubtful Accounts 29,760 Administrative Expenses 903,470 Interest Expense 214,470 Inventory 600,620 Gain 83,470 Notes Payable (long-term) 903,620 Equipment 604,760 Bonds Payable 1,003,620 Accumulated Depreciation Equipment 60,000 Franchises 160,000 Common Stock ($5 par) 1,004,760 Treasury Stock 195,760 courses/29652/assignments/3082170 Treasury Stock 195,760 195,000 Patents Retained Earnings 81,620 Paid-in Capital in Excess of Par 83,620 Totals $12,368,600 $12,368,600 Prepare a balance sheet at December 31, 2020, for Riverbed 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.) RIVERBED CORPORATION Balance Sheet Assets RIVERBED CORPORATION Balance Sheet Assets Liabilities and Stockholders' Equity





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