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Develope a balance sheet for Honeyglazed Ham.
Honeyglazed Hams, Inc. Adjusted Trial Balance December 31, 2012
(Amounts in thousands) Adjusted Trial Balance
Account
Debit
Credit
Cash
$ 3,700
Accounts receivable
1,700
Inventories
1,600
Prepaid expenses
Property, plant and equipment
6,800
Accumulated depreciation
$ 2,800
Other assets
9,500
Accounts payable
7,900
Income tax payable
500
Other liabilities
2,400
Common stock
4,600
Retained earnings (beginning, December 31, 2011)
4,700
Dividends
1,500
Sales revenue
40,900
Cost of goods sold
25,000
Selling, administrative, and general expenses
10,300
Income tax expense
2,100
Total
$63,800
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