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Selected accounts from Han Corporation’s trial balance are as follows. Prepare a partial balance sheet listing only the Fixed Assets section. Han Corporation Abbreviated Trial Balance December 31, 2020 Account Name (Acct. #)   Debit Balances   Credit Balances             Cash     150,000     Short-term Marketable Securities     145,000     Accounts Receivable     26,000     Inventories     90,000     Other Current Assets     10,000     Land     350,000     Buildings     300,000     Accumulated Depreciation: Buildings         40,000 Equipment     145,000     Accumulated Depreciation: Equipment         150,000 Goodwill     40,000     Other Intangible Assets     20,000

Selected accounts from Han Corporation’s trial balance are as follows. Prepare a partial balance sheet listing only the Fixed Assets section. Han Corporation Abbreviated Trial Balance December 31, 2020 Account Name (Acct. #)   Debit Balances   Credit Balances             Cash     150,000     Short-term Marketable Securities     145,000     Accounts Receivable     26,000     Inventories     90,000     Other Current Assets     10,000     Land     350,000     Buildings     300,000     Accumulated Depreciation: Buildings         40,000 Equipment     145,000     Accumulated Depreciation: Equipment         150,000 Goodwill     40,000     Other Intangible Assets     20,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  1. Selected accounts from Han Corporation’s trial balance are as follows. Prepare a partial balance sheet listing only the Fixed Assets section.

Han Corporation

Abbreviated Trial Balance

December 31, 2020

Account Name

(Acct. #)

 

Debit Balances

  

Credit Balances

 

 

 

 

  

 

Cash

 

 

150,000

  

 

Short-term Marketable Securities

 

 

145,000

  

 

Accounts Receivable

 

 

26,000

  

 

Inventories

 

 

90,000

  

 

Other Current Assets

 

 

10,000

  

 

Land

 

 

350,000

  

 

Buildings

 

 

300,000

  

 

Accumulated Depreciation: Buildings

 

 

 

  

40,000

Equipment

 

 

145,000

  

 

Accumulated Depreciation: Equipment

 

 

 

  

150,000

Goodwill

 

 

40,000

  

 

Other Intangible Assets

 

 

20,000

  

 
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