Homework Answers
Answer
| Balance Sheet | ||
| Dec 31, 2018 | ||
| Liabilities | ||
| Current Liabilities: | ||
| Accounts Payable | $51,000 | |
| Salaries Payable | $14,000 | |
| Income Tax Payable | $13,000 | |
| Bonds Payable (Short term) | $25,000 | |
| Interest Payable | $3,000 | |
| Total Current Liabilities | $106,000 | |
| Long Term Liabilities: | ||
| Bonds Payable (Long Term) | $245,000 | |
| Total Long Term Liabilities | $245,000 | |
| Total Liabilities | $351,000 | |
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At December 31, MediMark Precision Instruments owes $51,000 on Accounts Payable, Salaries Payable of $14,000, and...
At December 31, Medical Precision Instruments owes $60,000 on Accounts Payable, Salaries Payable of $18,000, and...
At December 31, Medical Precision Instruments owes $60,000 on Accounts Payable, Salaries Payable of $18,000, and Income Tax Payable of $9,000. Medical also has $240,000 of Bonds Payable that were issued at face value that require payment of a $30,000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $5,000, and Medical still owes this interest for the current year. Report Medical's liabilities on its classified balance sheet on December 31,...
all information is present. thank you!! At December 31, MediMark Precision Instruments owes $56,000 on Accounts...
all
information is present. thank you!!
At December 31, MediMark Precision Instruments owes $56,000 on Accounts Payable. Salaries Payable of $17,000, and Income Tax Payable of $11,000. Med Mark also has $210,000 of Bonds Payable that were issued at face value that require payment of a $40.000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $5,000, and MediMark still owes this interest for the current year. Report MediMark's liabilities on...
6. At December 31, MediStat Precision Instruments owes $52.000 on Accounts Payable, Salaries Payable of $12,000,...
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all
information is present. thank you!!
At December 31, MediMark Precision Instruments owes $56,000 on Accounts Payable. Salaries Payable of $17,000, and Income Tax Payable of $11,000. Med Mark also has $210,000 of Bonds Payable that were issued at face value that require payment of a $40.000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $5,000, and MediMark still owes this interest for the current year. Report MediMark's liabilities on...
6. At December 31, MediStat Precision Instruments owes $52.000 on Accounts Payable, Salaries Payable of $12,000, and Income Tax Payable of $10,000. MediStat also has $300.000 of Bonds Payable that were issued at face value that require payment of a $35,000 Installment next year and the remainder in later years. The bonds payable require an annual interest payment of $4,000, and MediStat still owes this interest for the current year. Report MediStat's liabilities on its classified balance sheet on December...
At December 31, MediMark Precision Instrumentowe $51.000 on Accounts Payable Salaries Payable of $18,000 and Income Tax Payable of $12.000 Med Mark who has 230.000 of Bonds Payable that were bed at face value that require payment a 0.000s year and the remainder in later years. The bonds payable require an annual interest payment of $5.000, and MediMark owes the forest for the current year Report Med Mark's abilities on assified balance sheet on December 31, 2016 Balance SheetPartial Choo
December 31, Meri Precision numewe 55400 on AccoPay Salaris Payo S18000 and income Tax Payable of $12000 MediPointe has 120.000 of Bons Payable that were ud at face value that require payment of a $45.000 instant new year and the remainder in latex yearsThe band patter n a r est payment of 35000, and Me t his interest for the current year. Report MedPoin's Babies on classified balance sheet on December 31, 2018 MedPoint Precision struments Balance Sheet Part December...
Cone Corporation is in the process of preparing its December 31, 2021, balance sheet. There are some questions as to the proper classification of the following items: a. $51,000 in cash restricted in a savings account to pay bonds payable. The bonds mature in 2025. b. Prepaid rent of $25,000, covering the period January 1, 2022, through December 31, 2023. c. Notes payable of $202,000. The notes are payable in annual installments of $21,000 each with the first installment payable...
Notes payable (due in 5 years) Accounts payable Bonds payable (due in 10 years) Machinery $ 5,000 1,500 12,000 6,500 Discount on bonds payable Wages payable Interest payable (due in 2 weeks) Sales tax payable $1,400 700 350 300 Prepare the liabilities section of its classified balance sheet. (Negative amount(s) should be indicated by a minus sign.) WOOHOO CO. Liabilities Section of Balance Sheet December 31 Liabilities Current liabilities Total current liabilities Long-term liabilities Total long-term liabilities Total liabilities Exercise...
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