Published by admin on September 15, 2020 Thefollowingselectedaccountbalances(pre-adjusted)aretakenfromtheledgerbookofABCcompanyatDecmber312012: Cash$2000 accountsreceivable$13000 Allowanceforuncollectibleaccounts$3200(creditbalance) InventoryDec312012$22000 Long-terminvestments$30000 Buildings(atcost)$45000 Accumulateddepreciationforbuildings$26000(creditbalance) Otherassets$12800 Accountspayable$8000 Taxespayable$4400 Loanspayable$15000 Capitalstock$40000 RetainedEarningsDec312012$28000 RetainedEarningsJan12012$??? Dividends2012$??? Salesrevenues$98000 Costofgoodssold$42000 Sellingexpense$6000 Wagesandsalaryexpense$12500 Uncollectibleaccountsexpense$400 Miscellaneousgeneralandadministrativeexpenses$11000 Officesuppliesexpense$5400 Insuranceexpense$4800 Interestrevenue$800 Interestexpense$2200 […]