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2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands)...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands)...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands)...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
ANNE GIBSON CORPORATION Balance Sheet December 31, 2016 through December 31, 2018 (Dollars in thousands) 2018...
ANNE GIBSON CORPORATION
Balance Sheet
December 31, 2016 through December 31, 2018 (Dollars in
thousands)
2018 2017 2016
Assets:
Current assets
Cash $47,200 $46,000 $45,000
Marketable securities 2,000 2,500 3,000
Accounts receivable (net) 131,000 128,000 127,000
Inventories 122,000 124,000 126,000
Prepaid expenses 3,000 2,500 2,000
Total current assets $305,200 $303,000 $303,000
Property, plant and equipment, net 240,000 239,000 238,000
Other assets 10,000 8,000 7,000
Total assets $555,200 $550,000 $548,000
Liabilities and stockholders' equity:
Current liabilities
Accounts payable $72,000 $73,000 $75,000...
Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $ 225,000 Accounts...
Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $ 225,000 Accounts payable $ 600,000 Receivables 1,575,000 Notes payable 100,000 Inventories 1,125,000 Other current liabilities 535,000 Total current assets $2,925,000 Total current liabilities $1,235,000 Net fixed assets 1,335,000 Long-term debt 400,000 Common equity 2,625,000 Total assets $4,260,000 Total liabilities and equity $4,260,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative...
2016 4. Katy Co's Balance Sheet and Income Statement are given below 2020 220,000 Balance Sheet...
2016 4. Katy Co's Balance Sheet and Income Statement are given below 2020 220,000 Balance Sheet December 31, 2000 Cash Accounts Receivable, less allowance of $10,000 Inventory, LIFO Total Current Assets Land Buildings and Equipe Les accurated depreciation Total Long-term Assets Total Aucts Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Common Shares Retained Earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity (120.000) 510.000 15.000 140,000 230.000 380.000 520.000 140.000 220.000 380.000 510.000 2019 Income Statement...
The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below:...
The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Credits Debits 27,500 65,000 40,000 8,500 4,000 150,000 55,000 190,000 60,000 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Patents (unamortized balance) ccounts payable Notes payable, due 2022 Interest payable Bonds payable, due 2031 Common stock (no par), 33,000 shares authorized, issued, and outstanding Retained earnings Totals 147,500 40,000 4,500 42,500 75,000...
HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts...
HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders' equity 360 310 360 370 2,600 $ 4,000 560 510 1,550 1,380 $ 4,000 The company's 2021 income statement reported the following amounts ($ in thousands) Net sales Interest expense Income tax expense Net income $6,200 50 150 320...
HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts...
HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders' equity $ 330 280 330 360 2,300 $ 3,600 $ 530 480 1,400 1,190 $ 3,600 The company's 2021 income statement reported the following amounts ($ in thousands): Net sales Interest expense Income tax expense Net income $5,900 50...
Barry Computer Company: Balance Sheet as of December 31, 2018 (In Thousands) Cash $167,440 Accounts payable...
Barry Computer Company: Balance Sheet as of December 31, 2018 (In Thousands) Cash $167,440 Accounts payable $191,360 Receivables 382,720 Other current liabilities 179,400 Inventories 299,000 Notes payable to bank 119,600 Total current assets $849,160 Total current liabilities $490,360 $251,160 Long-term debt Common equity (45,448 Net fixed assets 346,840 454,480 Total assets $1,196,000 Total liabilities and equity $1,196,000 Barry Computer Company: Income Statement for Year Ended December 31, 2018 (In Thousands) Sales $2,300,000 Cost of goods sold Materials Labor $1,035,000 483,000...
can i pleasw have help on the comparative balance sheet Comparative Balance Sheet December 31, 2020...
can i pleasw have help on the comparative balance sheet
Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Assets Current Assets: Cash Accounts Receivable, Net Inventory (sunglasses) Prepaid Insurance Prepaid Rent Total Current Assets S $ $ $ $ $ 90,000 130,000 135,000 25,000 S $ $ S $ S 70,000 90,000 80,000 20,000 12,000 272,000 380,000 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets $ $ $ $...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
2020 Question #3 Springhill Corporation Balance Sheet December 31, 2021, and December 31", 2020 (in thousands) 2021 Assets Current Assets: Cash $90,000 Accounts Receivable 60,000 Inventory 18,000 Prepaid Expenses 2,000 Total Current Assets 170,000 Capital Assets (PP&E) 50,000 Total Assets $220,000 $57,000 40,000 10,000 1,000 108,000 30,000 $138,000 Liabilities: Accounts Payable Accrued Liabilities Income Taxes Payable Total Current Liabilities Long Term Debt Total liabilities $11,000 6,000 5,000 22,000 40,000 362,000 $4,000 3,000 8,000 15,000 8,000 S23,000 Shareholders' Equity Common Shares...
ANNE GIBSON CORPORATION
Balance Sheet
December 31, 2016 through December 31, 2018 (Dollars in
thousands)
2018 2017 2016
Assets:
Current assets
Cash $47,200 $46,000 $45,000
Marketable securities 2,000 2,500 3,000
Accounts receivable (net) 131,000 128,000 127,000
Inventories 122,000 124,000 126,000
Prepaid expenses 3,000 2,500 2,000
Total current assets $305,200 $303,000 $303,000
Property, plant and equipment, net 240,000 239,000 238,000
Other assets 10,000 8,000 7,000
Total assets $555,200 $550,000 $548,000
Liabilities and stockholders' equity:
Current liabilities
Accounts payable $72,000 $73,000 $75,000...
2016 4. Katy Co's Balance Sheet and Income Statement are given below 2020 220,000 Balance Sheet December 31, 2000 Cash Accounts Receivable, less allowance of $10,000 Inventory, LIFO Total Current Assets Land Buildings and Equipe Les accurated depreciation Total Long-term Assets Total Aucts Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Common Shares Retained Earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity (120.000) 510.000 15.000 140,000 230.000 380.000 520.000 140.000 220.000 380.000 510.000 2019 Income Statement...
The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Credits Debits 27,500 65,000 40,000 8,500 4,000 150,000 55,000 190,000 60,000 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Patents (unamortized balance) ccounts payable Notes payable, due 2022 Interest payable Bonds payable, due 2031 Common stock (no par), 33,000 shares authorized, issued, and outstanding Retained earnings Totals 147,500 40,000 4,500 42,500 75,000...
HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders' equity 360 310 360 370 2,600 $ 4,000 560 510 1,550 1,380 $ 4,000 The company's 2021 income statement reported the following amounts ($ in thousands) Net sales Interest expense Income tax expense Net income $6,200 50 150 320...
HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders' equity $ 330 280 330 360 2,300 $ 3,600 $ 530 480 1,400 1,190 $ 3,600 The company's 2021 income statement reported the following amounts ($ in thousands): Net sales Interest expense Income tax expense Net income $5,900 50...
Barry Computer Company: Balance Sheet as of December 31, 2018 (In Thousands) Cash $167,440 Accounts payable $191,360 Receivables 382,720 Other current liabilities 179,400 Inventories 299,000 Notes payable to bank 119,600 Total current assets $849,160 Total current liabilities $490,360 $251,160 Long-term debt Common equity (45,448 Net fixed assets 346,840 454,480 Total assets $1,196,000 Total liabilities and equity $1,196,000 Barry Computer Company: Income Statement for Year Ended December 31, 2018 (In Thousands) Sales $2,300,000 Cost of goods sold Materials Labor $1,035,000 483,000...
can i pleasw have help on the comparative balance sheet
Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Assets Current Assets: Cash Accounts Receivable, Net Inventory (sunglasses) Prepaid Insurance Prepaid Rent Total Current Assets S $ $ $ $ $ 90,000 130,000 135,000 25,000 S $ $ S $ S 70,000 90,000 80,000 20,000 12,000 272,000 380,000 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets $ $ $ $...
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