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Lucshin, Inc., has the following selected account titles and balances in its general

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June 7th, 2024

Lucshin, Inc., has the following selected account titles and balances in its general ledger on December 31, 19X4:Accounts Payable$ 13,000Cash$ 10,000Plant Building120,000Goodwill4,000Sinking Fund14,000Accou nts Receivable18,000Retained EarningsJJ3,000Treasury Stock (at cost)(30,000)Note Payable (short-term)32,000Land (plant)84,000Sales85,000Machinery22,000Merchandise Inventory17,000Copyright9,000Equ ipment48,000Bond Payable50,000Pension Fund24,000Common Stock120,000Paid-in Capital in Excess of Par60,000Note Payable (long-term)12,000

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