The Following Items Are Available from the Records of Ramos

question 153

Essay

The following items are available from the records of Ramos Corporation at the end of its fiscal year,June 30,2017:
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$\begin{array}{lr}\text { Accounts payable } & \$ 17,000 \\\text { Advertising expense } & 4,600 \\\text { Accounts receivable } & 5,700 \\\text { Notes payable } & 50,000 \\\text { Buildings } & 35,000 \\\text { Office equipment } & 12,000 \\\text { Inventory } & 12,100 \\\text { Retained earnings (end of year) } & 26,300 \\\text { Capital stock } & 25,000 \\\text { Sal ary and wage expense } & 8,230 \\\text { Cash } & 21,900 \\\text { Sales revenue } & 14,220 \\\text { Computerized grinders } & 25,800 \\\text { Hand tools } & 5,800\end{array}$ Required:
(1)Prepare a balance sheet.
(2)For each non-balance-sheet item,indicate where it should appear.

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Definitions:

White Blood Cell

Cells of the immune system that are involved in protecting the body against both infectious disease and foreign invaders.

Immune System

The body's defense mechanism against pathogens, comprising various organs, cells, and proteins.

White Blood Cells

A type of blood cell that is part of the immune system and helps the body fight infection and other diseases.

Antigens

Substances that the immune system recognizes as foreign or dangerous, triggering an immune response.