| Debit | Credit |
|---|
| Cash | 236,400 | |
| Sales Revenue | | 9,480,000 |
| Trading Securities (at cost, $174,000) | 183,600 | |
| Cost of Goods Sold | 5,760,000 | |
| Long-term investments in Bonds | 358,800 | |
| Long-term Investments in Shares | 332,400 | |
| Notes Payable (Short-term) | | 108,000 |
| Accounts Payable | | 546,000 |
| Selling Expenses | 2,400,000 | |
| Investment Revenue | | 75,600 |
| Land | 312,000 | |
| Buildings | 1,248,000 | |
| Dividends Payable | | 163,200 |
| Accrued Liabilities | | 115,200 |
| Accounts Receivable | 522,000 | |
| Accumulated Depreciation - Buildings | | 422,400 |
| Allowance for Doubtful Accounts | | 30,000 |
| Administrative Expenses | 1,080,000 | |
| Interest Expense | 253,200 | |
| Inventory | 716,400 | |
| Pension Liability (Long-term) | | 96,000 |
| Notes Payable (Long-term) | | 1,080,000 |
| Equipment | 720,000 | |
| Bonds Payable | | 1,200,000 |
| Accumulated Depreciation - Equipment | | 72,000 |
| Franchises | 192,000 | |
| Share Capital - Ordinary ($5 par) | | 1,200,000 |
| Treasury Shares | 229,200 | |
| Patents | 234,000 | |
| Retained Earnings | | 93,600 |
| Accumulated Other Comprehensive Income | | 96,000 |
| Total | 14,778,000 | 14,778,000 |