Write short notes on the following concepts
Write short notes on the following concepts Abnormal return Accelerated depreciation Account payable Account receivable Accrued...
CABOT CORPORATION Balance Sheet December 31, 2817 Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory Liabilities and Equity $12,e8 Accounts payable 28,888 Income taxes payable 38,15e Long-term note payable, secured by $15,58e 4,000 3,188 8, Accrued wages payable 5,580 65,488 mortgage on plant assets Prepaid expenses Plant assets, net Total assets 3,ee Common stock 154,3e8 Retained earnings 77,75e 249,758 Total liabilities and equity $ 249,75e These are short-term notes recelvable arising from customer (trade) sales. Requlrec...
The Pioneer Company has provided the following account balances: Cash $39,400; Short-term investments $5,400; Accounts receivable $7,400; Supplies $55,000; Long-term notes receivable $3,400; Equipment $103.000; Factory Building $194,000; Intangible assets $7,400; Accounts payable $28,600; Accrued liabilities payable $3,300; Short-term notes payable $16,800; Long-term notes payable $99,000; Common stock $194,000; Retained earnings $73,300. What is Pioneer's current ratio? 4 A company's January 1, 2019 balance sheet reported total assets of $157,000 and Total liabilities of $63,500. During January 2019, the company...
The following is the ending balances of accounts at June 30, 2016, for Excell Company. Account Title Cash Short-term investments Accounts receivable Debits 113,000 95,000 310,000 62,000 105,000 350,000 Credits Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Accounts payable Accrued expenses Notes payable Mortgage payable Common stock Retained earnings 175,000 280,000 135,000 188,000 60,000 130,000 350,000 250,000 27,000 Totals 1,315,000 1,315,000 Additional information: 1. The short-term investments account includes $33,000 in U.S. treasury bills purchased in May. The...
Partial Information Accounts Payable Accounts Receivable Accrued Liabilities Accumulated Depreciation Before Tax #s 255,000 650,000 750,000 252,000 10,000 Add. PIC - CIS Add. PIC-PIS Allowance for Doubtful Accounts 15,000 25,000 Amortization Expense - Patent Office Supplies Expense Bonds Payable 100,000 1.200,000 350,000 Cash Common Stock Customer Deposits 3,500,000 3,583,000 600,000 Cost of Goods Sold Depreciation Expense Discontinued Operations (Loss) 700,000 450,000 400,000 Discounts on Notes Payable Dividend Revenue 5.000 65.000 Loss on Sale of Equipment interest Expense 800,000 88.000 Interest...
The Pioneer Company has provided the following account balances: Cash S38,000 Short-term investments $4.000; Accounts receivable $48,000; Supplies S6,000: Long-term notes receivable $2.000; Equipment $96,000; Factory Building $180,000: Intangible assets $6,000; Accounts payable $30,000; Accrued expenses $4,000; Short-term notes payable $14,000; Long-term notes payable $92,000; Common stock $80,000; Additional Paid-in Capital $100,000; Retained earnings $60,000. What is Pioneer's total paid-in capital? S180,000 $240,000. $80,000. $100,000
The Pioneer Company has provided the following account balances: Cash S38.000; Short-term investments $4.000: Accounts receivable $48,000; Supplies S6,000: Long-term notes receivable $2,000: Equipment $96,000: Factory Building S180,000; Intangible assets $6.000; Accounts payable $30,000: Accrued expenses $4.000; Short-term notes payable S14.000; Long-term notes payable $92,000: Common stock $80.000: Additional Paid-in Capital S100,000; Retained earnings $60,000, What are Pioneer's total current liabilities? S44,000. $34,000. $48.000. S140,000
1) a) Merchandise Inventory. 10/31/2017 b) Accrued interest on Notes Receivable c) Unexpired Store Rent d) Depreciation on Equipment e) Accrued interest on Notes Payable f) Accrued Office Salaries g) Store Supplies on hand h) Bad debts is based on the aging of Accounts Receivable i) Expired Insurance 1 219,000 1.500 8,200 10,000 2,500 6.100 11.000 16,500 7,800 2) Prepare a Multi-Step Income Statement for the year ended October 31, 2017 OR 3) Prepare a Classified Balance Sheet as of...
Accounts Payable
Accounts Receivable
Accrued Liabilities
Accumulated Depreciation-Building
Accumulated Depreciation-Equipment
Advances to Employees
Allowance for Doubtful Accounts
Bonds Payable
Bond Sinking Fund
Buildings
Cash
Cash Surrender Value of Life Insurance
Common Stock
Construction in Process
Copyrights
Debt Investments
Dividends Payable
Discount on Bonds Payable
Equipment
Equity Investments
Finished Goods
Franchises
Goodwill
Income Tax Payable
Income Tax Receivable
Interest Payable
Interest Receivable
Inventory
Investments in Common Stock
Investments in Stocks and Bonds
Land
Notes Payable
Notes Receivable
Noncontrolling Interest
Paid-in Capital...
Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Notes Payable (long-term) 3,230 3,100 1,800 3,600 35,100 1,400 5,100 7,100 Common Stock Retained Earnings Dividends Service Revenue Depreciation Expense-Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense 22,000 14,330 2,200 1,800 800 1,200 400 200 A Ques 22. Billings Auto Repair has the following account balances at December 31, 2018, from its adjusted trial balance. BE: (Click the icon to view the account balances.) Compute Billings...
Write short notes on the following concepts Capitalization Capital market Capital market line Capital rationing Capital structure (f )Cash budget Payback rule Perpetuity Preferred stocks Primary issue Principle agent problem Profitability index Return on investments Re-purchase agreement Salvage value Secondary issue Secondary market