Question
19.The given information was obtained from the Jagaroth Company balance sheet for 2015. Cash 70000 Account Receivable 55000 Allowance for doubtful (5000) Merchandise Inventory 85000
19.The given information was obtained from the Jagaroth Company balance sheet for 2015.
Cash 70000
Account Receivable 55000
Allowance for doubtful (5000)
Merchandise Inventory 85000
Marketable SECURITIES 11000
Prepaid insurance 4000
Property, plant. equipment 120000
Accum-Dep (35000)
Patents 8000
Investment bonds 5000
Total Assets 318000
Current Liabilities 100000
A.1.86 : 1
B.1.31 : 1
C.2.20 : 1
D.2.78 : 1
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Fundamental Managerial Accounting Concepts
Authors: Thomas P Edmonds, Philip R Olds
9th Edition
1259969509, 9781259969508
