334,000 Accumulated depreciation Retained earnings 50,000 19,000 Cash 230,000 Bo

Question

334,000 Accumulated depreciation Retained earnings 50,000 19,000 Cash 230,000 Bonds payable 57,000 Accounts receivable 750,000 Plant and equipment original cost Accounts payable 40,000 Allowance for bad debts 12,000 Common stock, $1 par, 100,000 shares outstanding 100,000 73,000 nventory Preferred stock, $55 par 000 shares outstanding 55.000 24,000 Marketable securities Investments 23,000 36,000 Notes payable 89,000 Capital paid in excess of par (common stock) Assets Current Assets: Click to select Click to select Click to select Click to select Net accounts receivable Click to select Total current assets Other Assets Click to select Fixed assets Click to select Click to select Net plant and equipment Total assets Balance Sheet Liabilities and Stockholders' Equity Current Liabilities: (Click to select) (Click to select) Total current liabilities Long-term liabilities (click to select) Total liabilities Stockholders' Equity: (Click to select) (Click to select) (Click to select) Click to select Total stockholders' equity Tota liabilities and stockholders' equity

Explanation / Answer

Assets Liabilities Current Assets Current Liabilities Cash 19000 Accumulated Dep 334000 Accounts Receivable 57000 Bonds payable 230000 Inventory 73000 Accounts payable 40000 Marketable Securities 24000 Allowances for bad debts 12000 Investments 23000 Notes payable 36000 Fixed Assets Stockholders Equity Plant and Equipment 750000 Retained Earnings 50000 Common Stock 100000 Preferred stock 55000 Capital paid In excess of par 89000 Total Assets 946000 Total liabilities & stockholders equity 946000

Related Questions

Navigate

• Browse (All)
• Browse 3
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.