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ABC company has a net cash of 2,540 as of 31st December 2014. The inventories stand at 27,530. The accounts payable is 9,721, whereas the

ABC company has a net cash of 2,540 as of 31st December 2014. The inventories stand at 27,530. The accounts payable is 9,721, whereas the accounts receivables is 18,320. The notes payable and accrued taxes payable are 8,500 and 3,200 respectively. The company also has 'other current liabilities' of 4,102. The company has market securities of 1,800. It owns plant and equipment worth of 43,100 with an accumulated depreciation of 11,400. The company also has a long-term bond debt of 22,000. Prepare a balance sheet and find out 'total current assets', 'total gross fixed assets', 'net fixed assets', 'total assets', 'total current liabilities' and 'total liabilities. If the 'common stock ($10par)' is 13,000, 'paid in capital' in excess of par on common stock is 10,000, and retained earnings are 11,367, then calculate the 'Total stockholders' equity' and 'Total liabilities & equity'

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ne 03v: FILE HOME INSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW ABC company has a net cash of2,540 as of 3 1 st December 2014. The inventories stand at 27,530. The accounts payable is 9,721, whereas the accounts receivables is 18,320. The notes payable and. accrued taxes payable are 8,500 and 3,200 respectively. The company also has 'other current liabilities' of 4,102. The company has market securities of 1,800. It owns plant and equipment worth of 43,100 with an accumulated depreciation of 11,400. The company also has a long-term bond debt of 22,000. Prepare a balance sheet and nd out 'total current assets', 'total gross xed. assets', 'net xed assets', 'total assets', 'total current liabilities' and 'total liabilities. If the 'comrnon stock ($10par)' is 13,000, 'paid in capital' in excess of par on common stock is 10,000, and retained earnings are 11,367, then calculate the 'Total stockholders' equity' and 'Totai PAGE 2 OF 2 276 WORDS [13 ENGLISH (UNITED STATES) FIN 601 7 CA (Module 0?: Balance Sheet Question) 7 Microsoft Word ABC Company Balance Sheet {$000! liabilities & equity'. m Cash ? Marketable securities ? Accounts receivable 'Z' Inventories ? Total current assets ? Plant and equipment ? Total gross xed assets '2' Less accumulated depreciation (7) Net xed assets ? Total assets ? Liabilities and Net Worth Accounts payable ? Notes payable ? Accruals ? Other current liabilities ? Total current liabilities ? Long term debt ? Total liabilities ? Common Stock ($10par) ? Paid-in capital ? Retained earnings ? Total stockholders' eguity ? EB fofo am ad ' E E3 4|7+ 100%

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