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5. Prepare the Balance sheet in the traditional formant not as a common-size statement. Total Revenues = 985.099 USD; AP = 400.000 USD, Depreciation
5. Prepare the Balance sheet in the traditional formant not as a common-size statement. Total Revenues = 985.099 USD; AP = 400.000 USD, Depreciation Expense = 250.000 USD, Cash = 120.000 USD, Inventory = 450.000 USD, Taxes Payable = 150.080 USD, Common Stock = 1.022.500 USD, AR = 520.000 USD, Unearned Revenues 250.000 USD, Retained Earnings = 1.286.955 USD, Long Term Debt = 478.020 USD, Buildings & Equipment 895.100 USD, Supplies = 152.455 USD, Short- Term Investments = 100.000 USD, Patents = 1.000.000 USD, Land 500.000 USD, Administrative Expenses = 120.000 USD, Bonds Payable = 150.000 USD, Taxes = 250.025 USD, Net Income 455.000 USD. 4
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
10th edition
133117413, 978-0133129519, 133129519, 978-0133129557, 133129551, 978-0133117561, 133117561, 978-0133117417
