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Ace Company Balance Sheet at December 31, 2015 Income Taxes Payable in 6 months Loan due in six (6) months Total Current Liabilities Long Term
Ace Company Balance Sheet at December 31, 2015 Income Taxes Payable in 6 months Loan due in six (6) months Total Current Liabilities Long Term Liabilities Loan due in two (2) years TOTAL LIABILITIES Common Stock: 20,000 shares @ $2 Retained Earnings Total Owners' Equity TOTAL LIABILITIES & OWNERS' EQUITY 2,000 80,000 350,000 40,000 33,000
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