Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Balance sheet. Construct the Barron Pizza, Inc. balance sheet statement for December 31, Information: Complete the balance sheet below: (Round to the nearest thousand dollars.)

image text in transcribed
image text in transcribed
image text in transcribed
Balance sheet. Construct the Barron Pizza, Inc. balance sheet statement for December 31, Information: Complete the balance sheet below: (Round to the nearest thousand dollars.) Barron Pizza, Inc. Balance Sheet as of December 31, 2015 ($ in thousands) LIABILITIES ASSETS Current Assets Accounts receivable $ Cash Current liabilities Accounts payable Short-term debt Total current liabilities Long-term debt Other noncurrent liabilities $ $ $ $ Inventory Other current assets $ $ $ Total current assets Total liabilities $ Goodwill OWNERS' EQUITY Common stock S Net plant, property, and equipments Other noncurrent assets Long-term investments Retained earnings Total owners' equity TOTAL LIABILITIES AND OWNERS' EQUITY TOTAL ASSETS MNNN Retained earnings: $43,543 Accounts payable: $74,631 Accounts receivable: $34,802 Common stock: $119.968 Cash: $8,319 Short-term debt: $209 Inventory: $23,500 Goodwill: $48,338 Long-term debt: $80.261 Other noncurrent liabilities: $42.442 Net plant, property, and equipment: $ 192,345 Other noncurrent assets: $16,838 Long-term investments: $22,238 Other current assets: $14,674 Balance sheet. Construct the Barron Pizza, Inc. balance sheet statement for December 31, 2015, with the following information: Complete the balance sheet below. (Round to the nearest thousand dollars.) ASSETS Current Assets Accounts receivable Cash Inventory Other current assets $ Barron Pizza, Ino Balance Sheet as of December 31, 2015 15 in thousands) LIABILITIES Current fiablities Accounts payablo $ Short-term dobt 5 Total current assets Total current liabilities Long-term debt Other noncurrent abilities Total liabilities OWNERS' EQUITY Common stock Goodwill Net plant property, and equipments Other noncurrent assets IS Long-term investments S Retained wings $ Total owners' equity TOTAL LIABILITIES AND OWNERS' EQUITY $ TOTAL ASSETS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using QuickBooks Online For Accounting

Authors: Glenn Owen

3rd Edition

0357391691, 9780357391693

More Books

Students also viewed these Accounting questions

Question

When is the deadline?

Answered: 1 week ago