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#5 Prior Year Current Year Category unanswered Accounts payable ??? ??? not_submitted Accounts receivable 397,400 320,715 Accruals 40,500 33,750 Additional paid in capital 541,650 500,000
#5 Prior Year Current Year Category unanswered Accounts payable ??? ??? not_submitted Accounts receivable 397,400 320,715 Accruals 40,500 33,750 Additional paid in capital 541,650 500,000 Cash 17,500 47,500 Common Stock 94,000 105,000 328,500 429,241.00 COGS Current portion long-term debt 35,000 33,750 Depreciation expense 54,000 55,962.00 Interest expense 40,500 42,461.00 Inventories 279,000 288,000 Long-term debt 336,986.00 401,277.00 Net fixed assets 946,535 999,000 Notes payable 162,000 148,500 Operating expenses (excl. depr.) 126,000 161,539.00 Retained earnings 342.000 306,000 Sales 639,000 845,150.00 Taxes 48,016.00 24,750 What is the current year's entry for long-term debt on a common-sized balance sheet? Assignment is past due Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)
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