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10. Texas Communications, Corp., reported the following figures in its financial statements (amounts in thousands): cash $3,600 cost of goods sold $21,000 total operating expenses
10. Texas Communications, Corp., reported the following figures in its financial
statements (amounts in thousands):
cash $3,600 cost of goods sold $21,000
total operating expenses 3,300 equipment, net 3,900
accounts payable 4,000 accrued liabilities 1,800
total stockholder equity 4,100 net sales revenue 29,000
long term notes payable 600 accounts receivable 2,600
inventory 400
Can some one help me prepare Texas communications classified balance sheet at may 31, 2011
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