Total assets = total liabilties + stockholders equity | ||
total assets | 190000 | |
laibilties | ||
accounts payale | 65400 | |
notes payable | ||
total laibilties | 65400 | |
stock holders equity | ||
common stock | 13400 | |
retained earnings | 29400 | |
total stock holders equity | 42800 | |
total liabilties & equity | 108200 | |
so notes paybable = 190000-108200= | 81800 |
Help 2 A company's balance sh $13,480 Total Assets 65,400 Retained Earnings Accounts Payable 29,400 10...
A company's balance sheet contalned the following Information: $13,5ee Total Assets Common stock Accounts Payable $191,000 29,50e 65,500 Retained Earnings Notes Payable Is the only other item on the balance sheet Notes Payable must equal: Multiple Cnoice $82.500. $17,000. 584.400 $19,300.
A company's balance sheet contained the following information: Common Stock Accounts Payable $13,700 Total Assets 65,700 Retained Earnings $ 193,000 29,700 Notes Payable is the only other item on the balance sheet. Notes Payable must equal: Multiple Choice $18,200. $83,900. Oo oo O $85,800. $20,500.
A company's balance sheet contained the following information: Common Stock Accounts Payable $13,600 Total Assets 65,600 Retained Earnings $ 192,000 29,600 Notes Payable is the only other item on the balance sheet. Notes Payable must equal: Multiple Choice O $83.200. $19.900. $85,100. < Prev The statement of cash flows shows the following information: • Cash provided by operating activities of $18,400 • Cash used by investing activities of $6,500 • Cash used by financing activities of $1,000 The beginning cash...
Cash Accounts receivable Equipment Accounts payable Conmon stock Retained earnings, Dec. 31, 2016 Retained earnings, Dec. 31, 2017 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $11,800 10,880 7,809 6,800 15,909 13,500 5,800 7,800 14,800 36,600 25,680 21,800 13,800 9,800 Required: Prepare a year-end balance sheet for Armani Company Balance Sheet December 31, 2017 Assets Liabilities Cash $ 11,800 Accounts payable $ 15,900 Accounts receivable 10,800 7,800 Total labilities 15,900 Equity stock 13,500 7,800 etained...
A company has the following balance sheet accounts: Cash Accounts Payable Retained Earnings $20,000 $2.000 $10,000 Accounts Receivable Common Stock Notes Payable $20,000 $5,000 What is the balance of Accounts Receivable?
What's retained earnings. total stockholders' equity, and total liabilities and stockholders' equity? Accounts receivable $3,400 Cash $6.240 Accounts payable 3,700 Supplies 3,780 Interest payable 530 Unearned service revenue 940 Salaries and wages expense 5,400 Service revenue 41,850 Notes payable 32,500 Salaries and wages payable 770 Common stock 55,000 Depreciation expense 740 Inventory 2,810 Equipment (net) 110,600 Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity.) Cullumber Company Balance Sheet December...
Acme Company Balance Sheet As of January 5, 2019 (amounts in thousands) Cash 9,900 Accounts Payable 2,700 Accounts Receivable 4,500 Debt 3,500 Inventory 3,800 Other Liabilities 1,000 Property Plant & Equipment 16,800 Total Liabilities 7,200 Other Assets 1,600 Paid-In Capital 8,000 Retained Earnings 21,400 Total Equity 29,400 Total Assets 36,600 Total Liabilities & Equity 36,600 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2019 1. Sell product for $35,000 with historical cost of...
Required information Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet and Interpreting the Financial Statements (LO 1-2, LO 1-3) The following information applies to the questions displayed below) Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses other Expenses Sales Revenue Supplies $32,900 10,...
Acme Company Balance Sheet As of January 5, 2019 (amounts in thousands) Cash 9,900 Accounts Payable 2,700 Accounts Receivable 4,500 Debt 3,500 Inventory 3,800 Other Liabilities 1,000 Property Plant & Equipment 16,800 Total Liabilities 7,200 Other Assets 1,600 Paid-In Capital 8,000 Retained Earnings 21,400 Total Equity 29,400 Total Assets 36,600 Total Liabilities & Equity 36,600 Update the balance sheet above to reflect the transactions below, which occur on January 6, 2019 1. Sell product for $35,000 with historical cost of...
Accumulated amortization $270,000 Retained earnings 164,700 Cash 16,000 Bonds payable 136,000 Accounts receivable 55,500 Plant and equipment—original cost 740,000 Accounts payable 50,000 Allowance for bad debts 6,800 Common stock, 100,000 shares outstanding 188,000 Inventory 81,000 Preferred stock, 1,000 shares outstanding 75,000 Marketable securities 20,000 Investments 26,000 Notes payable (6 months) 48,000 Balance Sheet Assets Liabilities and Shareholders’ Equity Current Assets: Current Liabilities: (Click to select) Cash Plant and equipment Investments Accumulated amortization Accounts payable $ (Click to select) Cash Marketable securities Accounts payable Bonds payable $ (Click to...