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ABA Ltd. Has collected the following data and asks you to prepare the Balance Sheet at 12/31/20X2: Balance Sheet Items Accounts Payable to Suppliers Accounts
ABA Ltd. Has collected the following data and asks you to prepare the Balance Sheet at 12/31/20X2: Balance Sheet Items Accounts Payable to Suppliers Accounts Receivable from Customers Mortgage Payable Machine Cost of Goods Sold Cash Land (net of depreciation) Income Taxes Payable Depreciation Expense Machine Accumulated Depreciation Machine Retained Earnings Inventory A $275 $275 Required 1: ABA's Current assets as of 12/31/20X2 must have been: $ I Required 2: ABA's Non Current Assets as of 12/31/20X2 must have been: $ Required 3: ABA's Total Assets as of 12/31/20X2 must have been: $ Required 4: ABA's Current Liabilities as of 12/31/20X2 must have been: $ Required 5: ABA's Non Current liabilities as of 12/31/20X2 must have been: $ Required 6: ABA's Total Liabilities as of 12/31/20X2 must have been: $ CANINAS $3,500 $11,000 $7,000 $3,500 $17,000 $7,000 $11,000 $275 $21,000 $275 12/31/20X2 $20,000 $19,000 $3,500 $6,000 $3,000 $275 $17,000 $275 $12,000 $8,000 $20,000 $3,500 12/31/20X1
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