Homework Answers
Answer:
.
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Vaughn Manufacturing |
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Partial Balance Sheet |
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Current Assets |
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Cash |
$8,300 |
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Investment (Short Term) |
1630 |
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Accounts Receivable |
5630 |
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Notes rescivable due before December 31,2018 |
365 |
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Inventory |
16010 |
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Total Current Assets |
$31,935.00 |
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Non Current Assets |
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Notes Receivable due after Dec 31, 2018 |
$5,020.00 |
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Plant building and equioment |
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Building |
20910 |
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Accumulated depriciation |
13340 |
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Net building |
$7,570.00 |
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Patent |
$11,220.00 |
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Total Assets |
$55,745.00 |
|
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Suppose the following items were taken from the December 31, 2017, assets section of the Vaughn...
What am i missing? nt CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 2-3...
What am i missing?
nt CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 2-3 Suppose the following items were taken from the December 31, 2017, assets section of the Vaughn Manufacturing balanc sheet. (All dollars are in millions.) Inventory Notes receivable-due after December 31, 2018 Notes receivable-due before December 31, 2018 Accumulated depreciation-buildings $16,010 Patents $11,220 20,910 8,300 5,630 1,630 5,020 Buildings 365 Cash 13,340 Accounts receivable Debt investments (short-term) balance sheet. (List the current assets in order...
please help!! E2-3 Suppose the following items were taken from the December 31, 2017, assets section...
please help!!
E2-3 Suppose the following items were taken from the December 31, 2017, assets section of the Boring Company balance sheet. (All dollars are in millions) Tsvetry Patients Buildings Notes receivable-due afer December 31, 2018 Notes receivable due before December 31, 2018 Accumulated depreciation-buildings $16,933 5,466 368 12,795 Cash $12,528 21,579 9.215 5.75 2,008 Accounts receivable Debt investments (short-term) Instructions Prepare the section of a classified balance sheet, listing the current assets in order of their liquidity Boeing Company...
Exercise 2-03 Suppose the following items were taken from the December 31, 2022, assets section of...
Exercise 2-03 Suppose the following items were taken from the December 31, 2022, assets section of the Boeing Company balance sheet. (All dollars are in millions Inventory Notes receivable-due after December 31, 2023 Notes receivable-due before December 31, 2023 Accumulated depreciation--buildings $16,460 4,700 3 75 13,310 Patents Buildings Cash Accounts receivable Debt investments (Short-term) $12,880 21,610 8,500 5,650 1,650 Prepare the assets section of a classified balance sheet. (List the Current Assets in order of liquidity.) THE BOEING COMPANY Partial...
Suppose the following items were taken from the 2017 financial statements of Vaughn Manufacturing. (All dollars...
Suppose the following items were taken from the 2017 financial
statements of Vaughn Manufacturing. (All dollars
are in millions.)
Common stock
$3,400
Accumulated depreciation—equipment
$4,050
Prepaid rent
150
Accounts payable
1,440
Equipment
7,320
Patents
2,140
Stock investments (long-term)
650
Notes payable (long-term)
700
Debt investments (short-term)
1,600
Retained earnings
6,470
Income taxes payable
120
Accounts receivable
1,700
Cash
1,350
Inventory
1,270
Prepare a classified balance sheet in good form as of December 31,
2017. (List current assets in order of...
The following items are taken from the financial statements of Sheridan Company at December 31, 2022....
The following items are taken from the financial statements of Sheridan Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $197,500 21,500 10,400 11,900 82,900 261,000 46,400 5,200 13,500 80,000 490,000 32,800 10,400 95,500 18,900 3,800 15,200 47,100...
The following items are taken from the financial statements of Crane Company at December 31, 2022....
The following items are taken from the financial statements of Crane Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $195,800 21,400 10,400 11,850 83,800 262,000 45,900 5,400 13,200 80,000 500,000 33,600 9,600 86,450 18,900 3,100 15,100 47,100 71,600...
The following items are taken from the financial statements of Crane Company at December 31, 2022....
The following items are taken from the financial statements of Crane Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $195,800 21,400 10,400 11,850 83,800 262,000 45,900 5,400 13,200 80,000 500,000 33,600 9,600 86,450 18,900 3,100 15,100 47,100 71,600...
View Policies Current Attempt in Progress The following items are taken from the financial statements of...
View Policies Current Attempt in Progress The following items are taken from the financial statements of Sheridan Company at December 31, 2022 Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable $197.500 21,500 10,400 11,900 82.900 261,000 46,400 5.200 13,500 80,000 490,000 32,800 10,400 95,500 18,900 3,800 15,200 Notes receivable (due in...
These items are taken from the financial statements of Pharoah Company at December 31, 2017. Buildings...
These items are taken from the financial statements of Pharoah Company at December 31, 2017. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2017) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation-equipment Interest payable Service revenue $135,424 16,128 4,096 15,155 105,472 78,336 998 6,784 3,328 76,800 51,199 58,368 12,160 119,808 23,962 4,608 18,816 Prepare a classified balance sheet. Assume that $17,408 of the note payable will be paid...
These items are taken from the financial statements of Whispering Winds Corp. at December 31, 2017....
These items are taken from the financial statements of Whispering Winds Corp. at December 31, 2017. $103,684 12,348 3,136 11,603 80,752 59,976 764 Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2017) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue 5,194 2,548 58,800 39,199 44,688 9,310 91,728 18,346 3,528 14,406 Prepare a classified balance sheet. Assume that $13,328 of the note payable will...
What am i missing?
nt CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 2-3 Suppose the following items were taken from the December 31, 2017, assets section of the Vaughn Manufacturing balanc sheet. (All dollars are in millions.) Inventory Notes receivable-due after December 31, 2018 Notes receivable-due before December 31, 2018 Accumulated depreciation-buildings $16,010 Patents $11,220 20,910 8,300 5,630 1,630 5,020 Buildings 365 Cash 13,340 Accounts receivable Debt investments (short-term) balance sheet. (List the current assets in order...
please help!!
E2-3 Suppose the following items were taken from the December 31, 2017, assets section of the Boring Company balance sheet. (All dollars are in millions) Tsvetry Patients Buildings Notes receivable-due afer December 31, 2018 Notes receivable due before December 31, 2018 Accumulated depreciation-buildings $16,933 5,466 368 12,795 Cash $12,528 21,579 9.215 5.75 2,008 Accounts receivable Debt investments (short-term) Instructions Prepare the section of a classified balance sheet, listing the current assets in order of their liquidity Boeing Company...
Exercise 2-03 Suppose the following items were taken from the December 31, 2022, assets section of the Boeing Company balance sheet. (All dollars are in millions Inventory Notes receivable-due after December 31, 2023 Notes receivable-due before December 31, 2023 Accumulated depreciation--buildings $16,460 4,700 3 75 13,310 Patents Buildings Cash Accounts receivable Debt investments (Short-term) $12,880 21,610 8,500 5,650 1,650 Prepare the assets section of a classified balance sheet. (List the Current Assets in order of liquidity.) THE BOEING COMPANY Partial...
Suppose the following items were taken from the 2017 financial
statements of Vaughn Manufacturing. (All dollars
are in millions.)
Common stock
$3,400
Accumulated depreciation—equipment
$4,050
Prepaid rent
150
Accounts payable
1,440
Equipment
7,320
Patents
2,140
Stock investments (long-term)
650
Notes payable (long-term)
700
Debt investments (short-term)
1,600
Retained earnings
6,470
Income taxes payable
120
Accounts receivable
1,700
Cash
1,350
Inventory
1,270
Prepare a classified balance sheet in good form as of December 31,
2017. (List current assets in order of...
The following items are taken from the financial statements of Sheridan Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $197,500 21,500 10,400 11,900 82,900 261,000 46,400 5,200 13,500 80,000 490,000 32,800 10,400 95,500 18,900 3,800 15,200 47,100...
The following items are taken from the financial statements of Crane Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $195,800 21,400 10,400 11,850 83,800 262,000 45,900 5,400 13,200 80,000 500,000 33,600 9,600 86,450 18,900 3,100 15,100 47,100 71,600...
The following items are taken from the financial statements of Crane Company at December 31, 2022. Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable Patents Investments in stock (long-term) Debt investments (short-term) $195,800 21,400 10,400 11,850 83,800 262,000 45,900 5,400 13,200 80,000 500,000 33,600 9,600 86,450 18,900 3,100 15,100 47,100 71,600...
View Policies Current Attempt in Progress The following items are taken from the financial statements of Sheridan Company at December 31, 2022 Land Accounts receivable Supplies Cash Equipment Buildings Land improvements Notes receivable (due in 2023) Accumulated depreciation-land improvements Common stock Retained earnings (December 31, 2022) Accumulated depreciation-buildings Accounts payable Mortgage payable Accumulated depreciation-equipment Interest payable Income taxes payable $197.500 21,500 10,400 11,900 82.900 261,000 46,400 5.200 13,500 80,000 490,000 32,800 10,400 95,500 18,900 3,800 15,200 Notes receivable (due in...
These items are taken from the financial statements of Pharoah Company at December 31, 2017. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2017) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation-equipment Interest payable Service revenue $135,424 16,128 4,096 15,155 105,472 78,336 998 6,784 3,328 76,800 51,199 58,368 12,160 119,808 23,962 4,608 18,816 Prepare a classified balance sheet. Assume that $17,408 of the note payable will be paid...
These items are taken from the financial statements of Whispering Winds Corp. at December 31, 2017. $103,684 12,348 3,136 11,603 80,752 59,976 764 Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2017) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue 5,194 2,548 58,800 39,199 44,688 9,310 91,728 18,346 3,528 14,406 Prepare a classified balance sheet. Assume that $13,328 of the note payable will...
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