first three chapters Help Balance Sheet Ac December 31, 2018 Assets rent assets: Accounts receivable Allowance for uncollectible accounts Finished goods inventory Prepaid expenses $ 2,000 4,600 (500) 6,800 3, 300 16,200 Total current assets Long-term assets: Investments Raw materials and work in process inventory Equipment Accumulated depreciation-equipment Franchise 2,90o 3, 800 19,000 (8, 900) Total assets Liabilities and Shareholders Equity Current liabilities: Accounts payable Note payable Interest payable-note Deferred revenue s 7,100 7,000 300 3,300 17,700 Total current 1iabilities ng-term Bonds payable Interest payable-bonds L liabilities: 12,000 300 Shareholders' equity: s 2 Common stock Retained earnings Total liabilities and shareholders' equity
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