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Question 7 Please create a spreadsheet for the following question. You will need to save...

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Question 7 Please create a spreadsheet for the following question. You will need to save the spreadsheet on your computer and then upload/attach the file to this question. Given the following account information for Leong Corporation, prepare a balance sheet in report form for the company as of December 31, 2014. All accounts have normal balances. Equipment 60,000 Interest Payable 600 Retained Earnings 224,680 Land 137,320 Accounts Receivable 102,000 Bonds Payable 78,000 Notes Payable (due in 6 months) 29,400 Common Stock 70,000 Accumulated Depreciation - Equip. 10,000 Prepaid Advertising 5,000 Buildings 80,400 Supplies 1,860 Income Taxes Payable 3,000 Salaries and Wages Payable 900 Accumulated Depr.- Bld. 15,000 Cash 45,000 (Ctrl)

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