Presented below is the trial balance of Scott Butler Corporation at December 31, 2014. Instructions Prepare a balance sheet at December 31, 2014, for Scott Butler Corporation. (Ignore incometaxes.) Debit Credit Cash $ 197,000 Sales $ 8,100,000 Debt Investments (trading) (cost, $145,000) 153,000 Cost of Goods Sold 4,800,000 Debt Investments (long-term) 299,000 Equity Investments (long-term) 277,000 […]
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