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12.Use your knowledge of balance sheets to fill in the amounts missing in the text. Cash$50,000Accounts payable$12,000 Accounts receivable80,000Notes payable50,000 Inventory Total current liabilities$ Total
12.Use your knowledge of balance sheets to fill in the amounts missing in the text. Cash$50,000Accounts payable$12,000 Accounts receivable80,000Notes payable50,000 Inventory Total current liabilities$ Total current assets$Long-term debt Gross P&E Total liabilities$ Less accumulatedCommon stock100,000 depreciation130,000Paid-in capital250,000 Net P&E$600,000Retained earnings200,000 Total assetsTotal stockholders equity Total liabilities and equity$830,000
12.Use your knowledge of balance sheets to fill in the amounts missing in the text.
Cash$50,000Accounts payable$12,000
Accounts receivable80,000Notes payable50,000
Inventory Total current liabilities$
Total current assets$Long-term debt
Gross P&E Total liabilities$
Less accumulatedCommon stock100,000
depreciation130,000Paid-in capital250,000
Net P&E$600,000Retained earnings200,000
Total assetsTotal stockholders equity
Total liabilities and equity$830,000
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
