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

question 9

Essay

A partial list of accounts for Johnson and Clark,in alphabetical order,is presented below:
$\begin{array}{ll}\text { Accounts Payable } & \text { Interest Recervable } \\\text { Accounts Receivable } & \text { Inventory-Ending Balance } \\\text { Accrued Salaries Payable } & \text { Land } \\ \text { Accumulated Depreciation -Buildings } & \text { Land Held for Future Plant Site } \\\text { Accumulated Depreciation -Equipment } & \text { Loss on Sale of Equipment } \\\text { Additional Paid-In Capital-Common Stock } & \text { Marketable Securities } \\\text { Allowance for Doubtful Accounts } & \text { Noncontrolling Interest } \\\text { Bank Loan (long-term) } & \text { Notes Payable (long-term) } \\\text { Bonds Pavable } & \text { Obligations on Long-Term Loans } \end{array}$
$\begin{array}{ll}\text { Buiddings } &\quad\quad\quad \text { Patent } \\\text { Cash in Bank } &\quad\quad\quad \text { Preferred Stock } \\\text { Commission Expense } &\quad\quad\quad \text { Premium on Bonds Payable } \\\text { Common Stock } & \quad\quad\quad\text { Prepaid Expenses } \\\text { Current Portion of Long-Term Debt } & \quad\quad\quad\text { Purchases } \\\text { Equipment } & \quad\quad\quad\text { Retained Earnings } \\\text { FICA Taxes Payable } & \quad\quad\quad\text { Sales } \\\text { Franchise } & \quad\quad\quad\text { Sales Salaries Expense } \\\text { Goodwill } &\quad\quad\quad \text { Treasury Stock } \\\text { Interest Income } &\quad\quad\quad \text { Unearned Rent Revenue }\end{array}$
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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Definitions:

Baby Boom

Refers to a significant increase in the birth rate, particularly the notable surge following World War II in various countries, especially the United States.

Millennial Generation

A demographic cohort following Generation X, typically considered to be born from the early 1980s to the mid-1990s to early 2000s.

Cohort Differences

Variations or disparities in the characteristics, attitudes, or behaviors of groups born and living during the same period, affecting research outcomes.

Biographical Studies

Research or academic works that focus on the detailed life stories of individuals, analyzing their experiences, influences, and achievements.