Answer
ASSETS |
|
Cash |
$ 30,000.00 |
Land |
$ 244,000.00 |
Building |
$ 184,000.00 |
Accounts receivables |
$ 44,000.00 |
Equipment |
$ 124,000.00 |
Total Assets |
$ 626,000.00 |
LIABILITIES |
|
Accounts Payable |
$ 44,000.00 |
Notes payable |
$ 194,000.00 |
Total Liabilities |
$ 238,000.00 |
Total Owner's Equity [ 626000 – 238000] |
$ 388,000.00 = Answer |
December31,2018 the accounting records at Braun Corporation contain the following items: Account payable $18,000 Land 244,000...
1. At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 13,500 Accounts Receivable $ 35,000 Land $ 235,000 Cash ? Capital Stock ? Equipment $ 115,000 Building $ 175,000 Notes Payable $ 185,000 Retained Earnings $ 155,000 If Capital Stock is $315,000, total assets of Braun Corporation at December 31, Year 1, amounts to: Multiple Choice $668,500. $703,500. $98,500. 2. At December 31, Year 1, the accounting records of Braun Corporation...
Please find the answers and show how to solve:
At December 31. Year 1, the accounting records of Braun Corporation contain the following items: 10 $ 11,000 $ 230,000 30,000 Accounts Payable Land Capital Stock Building Retained Earnings Accounts Receivable Cash Equipment Notes Payable $ 170,000 $ 150,000 $ 110,000 $ 180,000 cBook If Cash at December 31, Year 1, is $56,000, total assets amounts to: Multiple Choice $607.000 $746.000 Ο Ο Ο Ο $566,000. $596,000 At December 31, Year...
At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 13,500 Accounts Receivable $ 35,000 Land $ 235,000 Cash ? Capital Stock ? Equipment $ 115,000 Building $ 175,000 Notes Payable $ 185,000 Retained Earnings $ 155,000 If Capital Stock is $255,000, what is the December 31, Year 1 cash balance? Multiple Choice $83,500. $608,500. $91,500.
(92) At December 31, 2011 the accounting records of Mathis, Inc. contain the following: Accounts payable 2,500 land 30,000 building 31,250 notes payable ? retained earnings 125,000 accounts receivable 18,750 cash ? equipment 40,000 capital stock 12,500 Refer to the above data. If Notes Payable is $10,000, after inserting this information into the accounting equation, the December 31, 2011 cash balance is: A. $ 30,000. B. $ 50,000.C. $ 60,000.D. $130,000.
Required information [The following information applies to the questions displayed below.] At December 31, 2018, the accounting records of Braun Corporation contain the following items: Accounts Payable Land Capital Stock Building Retained Earnings $ 19,500 $ 247,000 ? $ 187,000 $ 167,000 Accounts Receivable Cash Equipment Notes Payable $ 47,000 ? $ 127,000 $ 197,000 If Cash at December 31, 2018, is $33,000, total owners' equity is:
Required information [The following information applies to the questions displayed below.] At December 31, 2018, the accounting records of Braun Corporation contain the following items: $ 19,500 $ 247,000 Accounts Payable Land Capital Stock Building Retained Earnings Accounts Receivable Cash Equipment Notes Payable $ 47,000 ? $ 127,000 $ 197,000 $ 187,000 $ 167,000 If Capital Stock is $327,000, total assets of Braun Corporation at December 31, 2018, amount to:
Required information [The following information applies to the questions displayed below.] At December 31, 2018, the accounting records of Braun Corporation contain the following items: $ 47,000 Accounts Payable Land Capital Stock Building Retained Earnings $ 19,500 $ 247,000 ? $ 187,000 $ 167,000 Accounts Receivable Cash Equipment Notes Payable $ 127,000 $ 197,000 If Cash at December 31, 2018, is $93,000, Capital Stock is:
Required information [The following information applies to the questions displayed below.] At December 31, 2018, the accounting records of Braun Corporation contain the following items: $ 47,000 Accounts Payable Land Capital Stock Building Retained Earnings $ 19,500 $ 247,000 ? $ 187,000 $ 167,000 Accounts Receivable Cash Equipment Notes Payable $ 127,00 $ 127,000 $ 197,000 If Cash at December 31, 2018, is $73,000, total assets amount to:
Required information [The following information applies to the questions displayed below.] At December 31, 2018, the accounting records of Braun Corporation contain the following items: $ 47,000 $ 19,500 $ 247,000 Accounts Payable Land Capital Stock Building Retained Earnings Accounts Receivable Cash Equipment Notes Payable $ 127,000 $ 197,000 $ 187,000 $ 167,000 If Capital Stock is $267,000, what is the December 31, 2018 cash balance?
2 - Montauk Oil Company reports these account balances at December 31, Year 1 Accounts Payable $ 116,000 Land 206,000 Notes Payable 266,000 Equipment 166,000 Cash 86,000 Accounts Receivable 106,000 Buildings 246,000 Capital Stock 346,000 Retained Earnings 76,000 On January 2, Year 2, Montauk Oil collected $56,000 of its accounts receivable and paid $26,000 of its accounts payable. In a trial balance prepared at January 3, Year 2, the total of the debit column is: Multiple Choice $1,624,000. $382,000. $784,000....