Beginning balances Short-term investments $182,000 Long-term investments $35,000

Question

Beginning balances

Short-term investments $182,000
Long-term investments $35,000
Accounts Receivable $123,000
Unearned revenue $60,000
Notes payable $300,000
Notes receivable $250,000

Side notes:

The note receivable is due in installments of $50,000, payable on each September 30. Interest is payable annually.

Short-term investments consist of marketable equity securities that the company plans to sell in 2012 and $50,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2012. Long-term investments consist of marketable equity securities that the company does not plan to sell in the next year.

Unearned revenue represents customer payments for extended service contracts. Eighty percent of these contracts expire in 2012, the remainder in 2013.

Notes payable consists of two notes, one for $100,000 due on January 15, 2013, and another for $200,000 due on June 30, 2014.

The above accounts are the beginning balances. The Side notes are tranactions that happend that month. I need to find what would be the final balance for the balance sheet after the tranactions for the four accounts below.
I'm trying to find the following:

Marketable securities
Note Receivable
Unearned revenue (current liability)
Unearned revenue (Long-term liability)

Need account ending balance amounts. I have tried everything but not coming up with the correct answer. Please only serious answers.

Explanation / Answer

Beginning balances Short-term investments $182,000 Long-term investments $35,000 Accounts Receivable $123,000 Unearned revenue $60,000 Notes payable $300,000 Notes receivable $250,000 Marketable securities Very liquid securities that can be converted into cash quickly at a reasonable price. Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices. Note Receivable Companies classify the promissory notes they hold as notes receivable

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