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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $127,000; Patents and copyrights = $660,000; Accounts payable = $210,000; Accounts receivable = $115,000; Tangible net fixed assets = $1,610,000; Inventory = $286,000; Notes payable = $155,000; Accumulated retained earnings = $1,368,000; Long-term debt = $830,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.)

Current assets Cash Accounts receivable Inventory Total assets Liabilities earnings Notes payable Long-term debt Current liabilities Total liabilities Totaliablities & owners Prex9


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Answer #2

ROGERS CORP.

Balance Sheet

Assets
Cash $ 127,000
Accounts Receivable $ 115,000
Inventory $ 286,000
Total Current Assets $ 528,000
Patents and copyrights $ 660,000
Tangible net fixed assets $1,610,000
Total Assets $2,798,000
Liabilities
Accumulated Retained Earnings $1,368,000
Notes Payable $ 155,000
Long-Term Debt $ 830,000
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Answer #1

B16 Vf+B18-B15-B17 Assets 2 Cash 3 Accounts receivable 4 Invento 5 Current assets 6 Tangible net fixed assets 7 Intangible ne

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ANSWER:

wer ROGERS CORP, Balancesheet Auets current assets: 127000 Cash Account recievable Lisovo 286000 Inventary Non cullent assets

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