Question

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $131.000; Patents and copyrights = $630,000: Accounts payable - $212,000. Accounts receivable = $107,500; Tangible net fixed assets = $1,630,000: Inventory = $295,000 Notes payable = $180,000; Accumulated retained earnings = $1,270,000: Long-term debt = $849,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) ROGERS CORP. Balance Sheet Assets Liabilities and Equity Current liabilites Total liabilities

Answer 1

Liabilities Assets

D Rogers Corp Balance Sheet For the year ending 03/31/2018 Assets 4 Liabilities and Equity Amount Amount 6 Notes payable 7 Accumulated retained earnings 8 Long term debts 9 Accounts payable 10 Net Profit 11 12 180000 Cash 1270000 Patents and copyright 849000 Accounts recievable 212000 Tangible net fixed assets 282500 Inventory 131000 630000 107500 1630000 295000 2793500 2793500 25 26 food medical device companie Sheet2 Sheet3 Sheet4 Sheets Sheet7 Sheet1 K Ready OD 100% 0 Đ 5:43 PM 1/30/2020