Prepare a balance sheet at December 31, 2025, for Marigold Corporation. (Ignore income taxes). (List Current Assets in order of liquidity List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Presented below is the trial balance of Marigold Corporation at December 31, 2025
Cash
Sales Revenue
Debt Investments (trading) (at cost, $145.000)
Cost of Goods Sold
Debt Investments (long-term)
Equity Investments (long-term)
Notes Payable (short-term)
Accounts Payable
Selling Expenses
Investment Revenue
Land
Buildings
Dividends Payable
Accrued Liabilities
Accounts Receivable
Accumulated Depreciation-Buildings
Allowance for Doubtful Accounts
Administrative Expenses
Interest Expense
Inventory
Gain
Notes Payable (long-term)
Equipment
Bonds Payable
Accumulated Depreciation-Equipment
Franchises
Common Stock ($5 par)
Treasury Stock
Patents
Retained Earnings Balance (before Net Income)
Paid-in Capital in Excess of Par
Totals
Debit
$200,620
157,760
4,800,000
302.620
280.620
W
2,004,760
264,760
1,043,620
439,760
903,470
214.470
600.620
604,760
160,000
195,760
195,000
$12,368,600
Credit
$8,104,760
94,760
459,760
66,470
139,620
100,760
152,000
29.760
83,470
903,620
1,003,620
60,000
1,004,760
81,620
83,620
$12.368.600
Prepare a balance sheet at December 31, 2025, for Marigold Corporation. (Ignore income taxes). (List Current Assets in order of liquidity
List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive
information provided in the question)
HARIGOLD CORPORATION
Balance Sheet
Assets
Transcribed Image Text:Presented below is the trial balance of Marigold Corporation at December 31, 2025 Cash Sales Revenue Debt Investments (trading) (at cost, $145.000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory Gain Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation-Equipment Franchises Common Stock ($5 par) Treasury Stock Patents Retained Earnings Balance (before Net Income) Paid-in Capital in Excess of Par Totals Debit $200,620 157,760 4,800,000 302.620 280.620 W 2,004,760 264,760 1,043,620 439,760 903,470 214.470 600.620 604,760 160,000 195,760 195,000 $12,368,600 Credit $8,104,760 94,760 459,760 66,470 139,620 100,760 152,000 29.760 83,470 903,620 1,003,620 60,000 1,004,760 81,620 83,620 $12.368.600 Prepare a balance sheet at December 31, 2025, for Marigold Corporation. (Ignore income taxes). (List Current Assets in order of liquidity List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question) HARIGOLD CORPORATION Balance Sheet Assets
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