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The information that follows relates to TZC & Associates' latest Balance Sheet (dated December 31, 2017)....

The information that follows relates to TZC & Associates' latest Balance Sheet (dated December 31, 2017). The figures are presented in Thousands of U.S. Dollars unless noted otherwise. Using the information presented below, prepare and present a properly formatted Balance Sheet.  
Accounts Payable $16,670
Accumulated Depreciation/Amortization on PPE 27,250
Additional Paid-in-Capital 46,400
Allowance for Doubtful accounts 350
Cash 110,325
Common Stock (1.5 million shares out @ $1/share par) 1,500
Copyrights 22,000
Current portion of Long-term Debt 8,900
Deferred Tax Liability 2,000
Goodwill 65,450
Gross Accounts Receivable 8,760
Gross Plant, Property and Equipment (PPE) 350,000
Inventory 10,212
Investments 7,178
Land 175,000
Long-term Debt 318,400
Marketable Securities 5,176
Mortgage Payable 96,900
Preferred Stock 17,000
Prepaid Expenses 1,002
Retained Earnings 246,195
Treasury Stock 27,902
Warranty Liability $1,440

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ekkarill92 answered 2 years ago
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