Question
Accounts payable 16,801 Accounts receivable 12,708 Accumulated depreciation 35,517 Cash 17,914 Common stock 54,497 Cost of sales 43,880 Current portion of long-term debt 5,711 Depreciation
Accounts payable | 16,801 |
Accounts receivable | 12,708 |
Accumulated depreciation | 35,517 |
Cash | 17,914 |
Common stock | 54,497 |
Cost of sales | 43,880 |
Current portion of long-term debt | 5,711 |
Depreciation and amortization expense | 5,345 |
Dividends | 1,587 |
Goodwill and other long-term assets | 105,295 |
Income tax expense | 699 |
Interest expense | 7,648 |
Interest revenue | 1,689 |
Inventories | 1,583 |
Investments (long-term) | 28,925 |
Long-term debt | 52,917 |
Other current assets | 3,046 |
Other long-term liabilities | 24,492 |
Property, plant, and equipment | 67,595 |
Retained earnings | 47,466 |
Sales revenue | 65,388 |
Selling, general and administrative expenses | 12,369 |
Unearned revenue | 4,116 |
Required:
Prepare the following for fiscal 2020 for Disney:
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Income Statement single step format (7.5 points)
-
Statement of Stockholder's Equity (4 points)
-
Classified Balance Sheet (15.5 points)
-
Closing journal entries and short questions (9.5 points)
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