Accounts payable 125,000
Accounts receivable 223,000
Accumulated depreciation - buildings 150,000
Accumulated depreciation - machinery 80,000
Allowance for uncollectible accounts 15,000
Bonds payable 500,000
Buildings 500,000
Cash 52,000
Common stock 500,000
Goodwill 36,000
Interest payable 40,000
Inventories 200,000
Investments 140,000
Land 100,000
Machinery 250,000
Retained earnings 94,000
Supplies 3,000

Additional information:
1. Accounts receivable includes a $50,000 note receivable received from a
customer that is due in 2011. Also included is interest on the note of $3,000
that is due in six months.

2. The land account includes land that cost $20,000 that the company has not
used and is currently listed for sale.

3. The investment account includes a $10,000, 3-month certificate of deposit
due in 40 days. The remaining investments will be sold within the next year.

4. The bonds payable account consists of the following:
a $200,000 issue due in six months.
a $300,000 issue due in six years.

5 Common stock has $2 par value. The corporation has 300,000
shares authorized.

I already know how to set up a balance sheet and all that good stuff I just don't know what to do with this "additional information" If anybody has an idea of how I would go about doing this please let me know

That information is for further classification for the most part.

Given the type of information given, it sounds like you are supposed to know things like:
*What makes something current versus non-current?
*What accounts should be separated out (e.g. interest receivable)
*How to classify investments, including those in cash equivalents

And the last thing is just info used as part of the description on stock. Look at an example and notice how they include things like par and how many shares, etc.

Since this is the type of thing that is given in the problem, it appears that is what you are supposed to be learning. So you need to look through the info with that in mind and see if you can apply those concepts to it.

If you need more help, please be more specific so that someone can answer you properly without just doing the work for you.