Presented below is the trial balance of Vivaldi Corporation at
December 31, 2012.
Accounts
Debit
Credit
Notes Payable
(long-term) I/S B/S
1,902,140
Interest
Expense “”
212,580
Administrative
Expenses “”
901,580
Dividend “”
98,140
Equity Investments (short-term AFS)
279,140
Accrued Liabilities
100,980
Inventory
599,140
Equipment
604,980
Bonds Payable
1,002,140
Debt Investments (long-term)
301,140
Franchises
160,000
Accounts Receivable
439,980
Accumulated Depreciation—Buildings Contra asset
352,000
Current portion of Bonds payable
344,980
Paid-in Capital in Excess of Par
2,463,120
Allowance for Doubtful Accounts
29,980
Land
260,000
Land held for...