Question
At December 31, 2018, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 15,000 Accounts Receivable $ 38,000 Land $ 238,000
At December 31, 2018, the accounting records of Braun Corporation contain the following items:
Accounts Payable | $ | 15,000 | Accounts Receivable | $ | 38,000 | ||
Land | $ | 238,000 | Cash | ? | |||
Capital Stock | ? | Equipment | $ | 118,000 | |||
Building | $ | 178,000 | Notes Payable | $ | 188,000 | ||
Retained Earnings | $ | 158,000 | |||||
If Capital Stock is $258,000, what is the December 31, 2018 cash balance?
Multiple Choice
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$47,000.
-
$619,000.
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$93,000.
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$85,000.
If Capital Stock is $318,000, total assets of Braun Corporation at December 31, 2018, amount to:
Multiple Choice
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$103,000.
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$717,000.
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$679,000.
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$917,000.
If Cash at December 31, 2018, is $84,000, Capital Stock is:
Multiple Choice
-
$611,000.
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$257,000.
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$295,000.
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$166,000.
If Cash at December 31, 2018, is $24,000, total owners' equity is:
Multiple Choice
-
$158,000.
-
$393,000.
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$361,000.
-
$596,000.
If Cash at December 31, 2018, is $64,000, total assets amount to:
Multiple Choice
-
$636,000.
-
$651,000.
-
$598,000.
-
$794,000.
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