Question
Balance sheet. From the following balance sheet accounts in the popup window, a. construct a balance sheet for 2016 and 2017. b. list all the
Balance sheet. From the following balance sheet accounts in the popup window,
a. construct a balance sheet for 2016 and 2017.
b. list all the working capital accounts.
c. find the net working capital for the years ending 2016 and 2017.
d. calculate the change in net working capital for the year 2017.
a. construct a balance sheet for 2016 and 2017.
Complete the balance sheet for 2016 below:(Round to the nearest dollar.)
Balance Sheet Accounts of Roman Corporation
Account Balance 12/31/2016 Balance 12/31/2017 Accumulated depreciation 2,024 2,669 Accounts payable 1,808 2,059 Accounts receivable 2,473 2,694 Cash 1,290 1,147 Common stock 4,989 4,989 Inventory 5,809 6,025 Long-term debt 7,803 8,208 Plant, property, and equipment 8,396 9,205 Retained earnings 1,344 1,146
a. construct a balance sheet for 2016 and 2017 b. list all the working capital accounts c. find the networking capital for the years ending 2016 and 2017 d. calculate the change in networking capital for the year 2017 a construct a balance sheet for 2016 and 2017 Complete the balance sheet for 2016 below. (Round to the nearest dollar) Roman Corporation Balance Sheet as of December 31, 2016, and December 31, 2017 2016 2017 LIABILITIES Current liabilities 2016 2017 ASSETS Current assets $ Total current liabilities S S S $ 5 Total current assets Total liabilitiesStep by Step Solution
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