Question
9) Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $199,000; patents and copyrights
9) Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $199,000; patents and copyrights = $853,000; accounts payable = $290,000; accounts receivable = $259,000; tangible net fixed assets = $5,160,000; inventory = $544,000; notes payable = $183,000; accumulated retained earnings = $4,646,000; long-term debt = $1,190,000. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) I need help finding common stock and total liabilities and owners' equity, if you could provide equations if possible. a) Common stock: b) Total liabilities and owners' equity: |
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