Walbash Company presents the following December 31, 2016, balance sheet:
Sheet of Balances for Year Ended December 31, 2016
Current Assets $ 44,300 Long-term investments13,600 Property, plant, and equipment123,500 Intangible assets7,700 Other assets13,600 ______ Total assets $202,700 |
Current liabilities $ 66,600 Long-term liabilities 24,100 Contributed capital 17,000 Unrealized capital 22,500 Retained earnings 72,500 ______ Total equities $202,700 |
The following information is also available:
Required:
Based on the preceding
information, prepare a properly classified December 31, 2016,
balance sheet for Walbash.
Walbash Company presents the following December 31, 2016, balance sheet: Walbash Company Sheet of Balances for...
Excel Homework Problem Due Date: September 14, 2020 by 11:59 pm An inexperienced accounting intern prepared the following December 31, 2020 Balance Sheet for Scan House, Inc. Scan House, Inc. Collection of Balances for Year ended 12/31/20 Other assets 13,600 Long-term liabilities 24,100 Property, plant, and equipment 123,500 Current liabilities 66,600 Long-term investments 13,600 Contributed capital 17,000 Intangible asset 7,700 Unrealized capital 22,500 Current assets 44,300 Retained earnings 72,500 Total assets 202,700 Total equities 202,700 The following information is also...
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