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2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands)...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands)...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands)...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
2 The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation. 2...
2 The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation. 2 points Account Title Cash Accounts receivable Inventory Prepaid rent (for the next 8 months) Investment in equity securities (short term) Machinery Accumulated depreciation Patent (net) Accounts payable Salaries payable Income taxes payable Bonds payable (due in 10 years) Common stock Retained earnings Totals Debits Credits $ 55,000 49,000 90,000 31,000 25,000 220,000 $ 26,000 94,000 15,500 11,500 47,000 220,000 180,000 64,000 $564,000 $564,000 Required:...
can i pleasw have help on the comparative balance sheet Comparative Balance Sheet December 31, 2020...
can i pleasw have help on the comparative balance sheet
Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Assets Current Assets: Cash Accounts Receivable, Net Inventory (sunglasses) Prepaid Insurance Prepaid Rent Total Current Assets S $ $ $ $ $ 90,000 130,000 135,000 25,000 S $ $ S $ S 70,000 90,000 80,000 20,000 12,000 272,000 380,000 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets $ $ $ $...
2016 4. Katy Co's Balance Sheet and Income Statement are given below 2020 220,000 Balance Sheet...
2016 4. Katy Co's Balance Sheet and Income Statement are given below 2020 220,000 Balance Sheet December 31, 2000 Cash Accounts Receivable, less allowance of $10,000 Inventory, LIFO Total Current Assets Land Buildings and Equipe Les accurated depreciation Total Long-term Assets Total Aucts Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Common Shares Retained Earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity (120.000) 510.000 15.000 140,000 230.000 380.000 520.000 140.000 220.000 380.000 510.000 2019 Income Statement...
PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ $ 115,000 79,600...
PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ $ 115,000 79,600 99,000 4,800 131,200 94,000 83,600 2,400 500,000 806,000 (432,000) $1,172,400 500,000 690,000 (276,000) $1,225,200 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity $ $ 103,000 6,600 8,800...
ANNE GIBSON CORPORATION Balance Sheet December 31, 2016 through December 31, 2018 (Dollars in thousands) 2018...
ANNE GIBSON CORPORATION
Balance Sheet
December 31, 2016 through December 31, 2018 (Dollars in
thousands)
2018 2017 2016
Assets:
Current assets
Cash $47,200 $46,000 $45,000
Marketable securities 2,000 2,500 3,000
Accounts receivable (net) 131,000 128,000 127,000
Inventories 122,000 124,000 126,000
Prepaid expenses 3,000 2,500 2,000
Total current assets $305,200 $303,000 $303,000
Property, plant and equipment, net 240,000 239,000 238,000
Other assets 10,000 8,000 7,000
Total assets $555,200 $550,000 $548,000
Liabilities and stockholders' equity:
Current liabilities
Accounts payable $72,000 $73,000 $75,000...
Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments...
Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 640,000 530,000 2,280,000 220,000 $3,670,000 $ 440.000 830,000 2,400,000 $3,670,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $160,000; accounts receivable (net). $210,000; inventory, $235,000; and prepaid insurance, $35,000 b. Investments: investment in equity securities, short term,...
The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below:...
The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Credits Debits 27,500 65,000 40,000 8,500 4,000 150,000 55,000 190,000 60,000 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Patents (unamortized balance) ccounts payable Notes payable, due 2022 Interest payable Bonds payable, due 2031 Common stock (no par), 33,000 shares authorized, issued, and outstanding Retained earnings Totals 147,500 40,000 4,500 42,500 75,000...
how much would common stock be? LOS GATOS CORPORATION Balance Sheet At December 31, 2021 Assets...
how much would common stock be?
LOS GATOS CORPORATION Balance Sheet At December 31, 2021 Assets 50, 000 95,000 60,000 125,000 35,000 $ 365,000 Cash Accounts receivable Inventory Machinery (net) Franchise (net) Total assets Liabilities and Shareholders' Equity 60,000 10,000 65,000 115,000 115,000 $ 365,000 Accounts payable Allowance for uncollectible accounts Notes payable Bonds payable Shareholders' equity Total liabilities and shareholders' equity ces Additional Information: 1. Cash includes a $25,000 restricted amount to be used for repayment of the bonds...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
2 The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation. 2 points Account Title Cash Accounts receivable Inventory Prepaid rent (for the next 8 months) Investment in equity securities (short term) Machinery Accumulated depreciation Patent (net) Accounts payable Salaries payable Income taxes payable Bonds payable (due in 10 years) Common stock Retained earnings Totals Debits Credits $ 55,000 49,000 90,000 31,000 25,000 220,000 $ 26,000 94,000 15,500 11,500 47,000 220,000 180,000 64,000 $564,000 $564,000 Required:...
can i pleasw have help on the comparative balance sheet
Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Assets Current Assets: Cash Accounts Receivable, Net Inventory (sunglasses) Prepaid Insurance Prepaid Rent Total Current Assets S $ $ $ $ $ 90,000 130,000 135,000 25,000 S $ $ S $ S 70,000 90,000 80,000 20,000 12,000 272,000 380,000 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets $ $ $ $...
2016 4. Katy Co's Balance Sheet and Income Statement are given below 2020 220,000 Balance Sheet December 31, 2000 Cash Accounts Receivable, less allowance of $10,000 Inventory, LIFO Total Current Assets Land Buildings and Equipe Les accurated depreciation Total Long-term Assets Total Aucts Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Common Shares Retained Earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity (120.000) 510.000 15.000 140,000 230.000 380.000 520.000 140.000 220.000 380.000 510.000 2019 Income Statement...
PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ $ 115,000 79,600 99,000 4,800 131,200 94,000 83,600 2,400 500,000 806,000 (432,000) $1,172,400 500,000 690,000 (276,000) $1,225,200 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity $ $ 103,000 6,600 8,800...
ANNE GIBSON CORPORATION
Balance Sheet
December 31, 2016 through December 31, 2018 (Dollars in
thousands)
2018 2017 2016
Assets:
Current assets
Cash $47,200 $46,000 $45,000
Marketable securities 2,000 2,500 3,000
Accounts receivable (net) 131,000 128,000 127,000
Inventories 122,000 124,000 126,000
Prepaid expenses 3,000 2,500 2,000
Total current assets $305,200 $303,000 $303,000
Property, plant and equipment, net 240,000 239,000 238,000
Other assets 10,000 8,000 7,000
Total assets $555,200 $550,000 $548,000
Liabilities and stockholders' equity:
Current liabilities
Accounts payable $72,000 $73,000 $75,000...
Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 640,000 530,000 2,280,000 220,000 $3,670,000 $ 440.000 830,000 2,400,000 $3,670,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $160,000; accounts receivable (net). $210,000; inventory, $235,000; and prepaid insurance, $35,000 b. Investments: investment in equity securities, short term,...
The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Credits Debits 27,500 65,000 40,000 8,500 4,000 150,000 55,000 190,000 60,000 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Patents (unamortized balance) ccounts payable Notes payable, due 2022 Interest payable Bonds payable, due 2031 Common stock (no par), 33,000 shares authorized, issued, and outstanding Retained earnings Totals 147,500 40,000 4,500 42,500 75,000...
how much would common stock be?
LOS GATOS CORPORATION Balance Sheet At December 31, 2021 Assets 50, 000 95,000 60,000 125,000 35,000 $ 365,000 Cash Accounts receivable Inventory Machinery (net) Franchise (net) Total assets Liabilities and Shareholders' Equity 60,000 10,000 65,000 115,000 115,000 $ 365,000 Accounts payable Allowance for uncollectible accounts Notes payable Bonds payable Shareholders' equity Total liabilities and shareholders' equity ces Additional Information: 1. Cash includes a $25,000 restricted amount to be used for repayment of the bonds...
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