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1 PROBELEMS: 3 10 POINTS 2 THE FOLLOWING INDEPENDENT CASES PERTAIN TO 2010 CALENDER-YEAR ACCOUNTING PERIOD: 3 4 CASE A CASE B CASE C CASE
1 PROBELEMS: 3 10 POINTS 2 THE FOLLOWING INDEPENDENT CASES PERTAIN TO 2010 CALENDER-YEAR ACCOUNTING PERIOD: 3 4 CASE A CASE B CASE C CASE D CASE E 5 CASH 100000 40000 100000 25000 6 ACCOUNT RECEIVABLE 12500 45000 40000 45000 7 PREPAID INSURANCE 3000 10000 3000 5000 8 SUPPLIES 5000 5000 7000 15000 9 OTHER ASSETS 200000 160000 115000 80000 10 TOTAL ASSETS 238500 230000 265000 177000 11 12 ACCOUNTS PAYABLE 24000 60000 35000 18000 15000 13 WAGES PAYABLE 10000 5000 14 NOTE PAYABLE 20000 30000 45000 20000 15 TOTAL PAYABLE 49000 100000 95000 40000 16 17 COMMON STOCK 110000 110000 120000 100000 18 BEG RETAINED EARNINGS 20000 25000 50000 20000 19 DIVIDEND 10000 30000 40000 5000 20 REVENUE 232000 211000 85000 99000 21 EXPENSE 156000 65000 80000 60000 22 TOTAL STOCK HOLDER'S EQI 189500 135000 177000 23 TOTAL LIAB AND EQUITY 275000 265000 177000 24 25 INSTRUCTIONS: 26 DETERMINE THE MISSING AMOUNT
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