Homework Answers
Ans: Notes payable = Total Liability - Accounts Payable
= $ 609,600 - 343,500
= $ 266,100
Retained Earning = Total Stakeholder's Equity - Common Stock
= $ 790,400 - 664,100
= $ 126,300
Total Liabilities and Stockholder's Equity = Total Stakeholder's Equity + Total Liability
= $ 790,400 + $ 609,600
= $ 1,400,000
Total Assets = Total Liabilities
Total Assets = $ 1,400,000
Account Receivable = Total Assets - cash - Inventories - Equipment - other Assets
= $ 1,400,000 - $ 745,800 - $ 55,100 - $ 121,300 - $ 73,400
= $ 404,400
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Fill in the missing items In the balance sheet. PURRFECT PETS, INC Balance Sheet September 30,...
The table shows financial data for Purrfect Pets, Inc. as of June 30, Year 3. Accounts...
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Fill in the missing numbers on the balance sheet. (2 points each) Balance Sheet At December 31, 2018, a company's records show the following information in the Balance Sheet. Cash Accounts Receivable Inventory Accounts Payable Wages Payable Short-term Notes Payable $325,000 150,000 40,000 520,000 650,000 Total Current Assets 1,305,000 Total Current Liabilities Other long-term Assets $ Long-term debt $445,000 Total Assets $ 1,543,000 Total Liabilities Total Stockholders' Equity (Owner's Equity)
This is cost course. 15-30 Simple Balance Sheet Fill in the missing numbers from the following...
This is cost course.
15-30 Simple Balance Sheet Fill in the missing numbers from the following simple balance sheet for Cabo Company: Assets Cash Accounts receivable Plant and equipment Total assets $ ? 15,000 75,000 $100,000 Liabilities and Stockholders' Equity Accounts payable $ 10,000 Long-term debt Stockholders' equity $ 45,000 Total Liabilities and stockholders' equity
Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown...
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prepare a classified balance sheet for mango at September 29, 2018 based on these transactions, im...
prepare a classified balance sheet for mango at September 29, 2018
based on these transactions,
im having trouble filling in the rest.
$ 13,884 11,265 17,509 2, 116 23,939 68,713 130, 508 20,679 12,556 $ 232,456 September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned...
please help fill out this sheet Preparation of Balance Sheet Ari Company's December 31 post-closing trial balance contai...
please help fill out this sheet
Preparation of Balance Sheet Ari Company's December 31 post-closing trial balance contains the following normal balances: Cash $19,000 Accounts payable 20,000 Building 439,500 Long-term notes payable 785,000 Common stock 950,000 Retained earnings 75,000 Accumulated depreciation-Equipment 180,000 Land 877,000 Accounts receivable 22,500 Accumulated depreciation-Building 135,000 Wages payable 6,000 Patent (net of amortization) 120,000 Notes payable (short term) 131,000 Inventory 206,000 Equipment 600,000 Allowance for doubtful accounts 2,000 DUSITISSUUUISE Balance Sheet December 31 Assets Current Assets:...
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Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are...
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This is cost course.
15-30 Simple Balance Sheet Fill in the missing numbers from the following simple balance sheet for Cabo Company: Assets Cash Accounts receivable Plant and equipment Total assets $ ? 15,000 75,000 $100,000 Liabilities and Stockholders' Equity Accounts payable $ 10,000 Long-term debt Stockholders' equity $ 45,000 Total Liabilities and stockholders' equity
Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown below: Wheeling Company Balance Sheet September 30 Assets Cash Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets 61,000 174,000 89,100 249,000 $ 573,100 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $224,600 216,000 132,500 $ 573,100
prepare a classified balance sheet for mango at September 29, 2018
based on these transactions,
im having trouble filling in the rest.
$ 13,884 11,265 17,509 2, 116 23,939 68,713 130, 508 20,679 12,556 $ 232,456 September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned...
please help fill out this sheet
Preparation of Balance Sheet Ari Company's December 31 post-closing trial balance contains the following normal balances: Cash $19,000 Accounts payable 20,000 Building 439,500 Long-term notes payable 785,000 Common stock 950,000 Retained earnings 75,000 Accumulated depreciation-Equipment 180,000 Land 877,000 Accounts receivable 22,500 Accumulated depreciation-Building 135,000 Wages payable 6,000 Patent (net of amortization) 120,000 Notes payable (short term) 131,000 Inventory 206,000 Equipment 600,000 Allowance for doubtful accounts 2,000 DUSITISSUUUISE Balance Sheet December 31 Assets Current Assets:...
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