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A Partial List of Accounts for Johnson and Clark,in Alphabetical

Question 53

Essay

A partial list of accounts for Johnson and Clark,in alphabetical order,is presented below:
 Accounts Payable  Interest Recervable  Accounts Receivable  Inventory-Ending Balance  Accrued Salaries Payable  Land  Accumulated Depreciation -Buildings  Land Held for Future Plant Site  Accumulated Depreciation -Equipment  Loss on Sale of Equipment  Additional Paid-In Capital-Common Stock  Marketable Securities  Allowance for Doubtful Accounts  Noncontrolling Interest  Bank Loan (long-term)  Notes Payable (long-term)  Bonds Pavable  Obligations on Long-Term Loans \begin{array}{ll}\text { Accounts Payable } & \text { Interest Recervable } \\\text { Accounts Receivable } & \text { Inventory-Ending Balance } \\\text { Accrued Salaries Payable } & \text { Land } \\ \text { Accumulated Depreciation -Buildings } & \text { Land Held for Future Plant Site } \\\text { Accumulated Depreciation -Equipment } & \text { Loss on Sale of Equipment } \\\text { Additional Paid-In Capital-Common Stock } & \text { Marketable Securities } \\\text { Allowance for Doubtful Accounts } & \text { Noncontrolling Interest } \\\text { Bank Loan (long-term) } & \text { Notes Payable (long-term) } \\\text { Bonds Pavable } & \text { Obligations on Long-Term Loans } \end{array}
 Buiddings  Patent  Cash in Bank  Preferred Stock  Commission Expense  Premium on Bonds Payable  Common Stock  Prepaid Expenses  Current Portion of Long-Term Debt  Purchases  Equipment  Retained Earnings  FICA Taxes Payable  Sales  Franchise  Sales Salaries Expense  Goodwill  Treasury Stock  Interest Income  Unearned Rent Revenue \begin{array}{ll}\text { Buiddings } &\quad\quad\quad \text { Patent } \\\text { Cash in Bank } &\quad\quad\quad \text { Preferred Stock } \\\text { Commission Expense } &\quad\quad\quad \text { Premium on Bonds Payable } \\\text { Common Stock } & \quad\quad\quad\text { Prepaid Expenses } \\\text { Current Portion of Long-Term Debt } & \quad\quad\quad\text { Purchases } \\\text { Equipment } & \quad\quad\quad\text { Retained Earnings } \\\text { FICA Taxes Payable } & \quad\quad\quad\text { Sales } \\\text { Franchise } & \quad\quad\quad\text { Sales Salaries Expense } \\\text { Goodwill } &\quad\quad\quad \text { Treasury Stock } \\\text { Interest Income } &\quad\quad\quad \text { Unearned Rent Revenue }\end{array}
Required:
Prepare a consolidated balance sheet in good format,without monetary amounts,for December 31,2012.Use the format Current Assets;Property,Plant,and Equipment;Investments;Intangibles;Current Liabilities;Long-Term Liabilities;and Stockholders' Equity.Do not use the accounts not found on the balance sheet.

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