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Average: 19 Attempts: 3. Problem 9-03 eBook Problem 9-03 Fill in the blanks below with the correct entries. Round your answers to the nearest dollar
Average: 19 Attempts: 3. Problem 9-03 eBook Problem 9-03 Fill in the blanks below with the correct entries. Round your answers to the nearest dollar Liabilities and Stockholders' Equity Current liabilities Assets Current Assets Cash Accounts receivable 550,000 180,000 260,000 Accounts payable Notes payable to banks Accrued wages less allowance for doubtful accounts of $30,000) Inventory Total current assets Land Plant and equipment 1,380,000 Taxes owed ,620,000 Total current liabilities 190,000 1,250,000 Long-term debt Stockholders' equity Common stock ($1,780,000 less ($1 par, 660,000 shares authorized 600,000 outstanding) 1,100,000 Total assets $ 4,570,000Retained earnings Total stockholders' equity Total liabilities and equity 2,670,000
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