Question
Balance sheet. From the following balance sheet accounts in the popup window, Balance Sheet Accounts of Roman Corporation Account 12/31/2016 12/31/2017 Accumulated depreciation $2,020 $2,660
Balance sheet. From the following balance sheet accounts in the popup window,
Balance Sheet Accounts of Roman Corporation
Account
12/31/2016 12/31/2017
Accumulated depreciation
$2,020 $2,660
Accounts payable
$1,802 $2,064
Accounts receivable
$2,471 $2,700
Cash
$1,310 $1,194
Common stock
$4,984 $4,984
Inventory
$5,798 $6,040
Long-term debt
$7,808 $8,190
Plant, property, and equipment
$8,392 $9,203
Retained earnings
$1,357 $1,239
,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.)
Roman Corporation | |||||||||
Balance Sheet as of December 31, 2016, and December 31, 2017 | |||||||||
ASSETS | 2016 | 2017 | LIABILITIES | 2016 | 2017 | ||||
Current assets |
|
| Current liabilities |
|
| ||||
| $ |
|
|
| $ |
|
|
| |
| $ |
|
| Total current liabilities | $ |
|
| ||
| $ |
|
|
|
| $ |
|
|
|
Total current assets | $ |
|
| Total liabilities | $ |
|
| ||
Fixed assets |
|
| OWNERS EQUITY |
|
|
|
| ||
| $ |
|
|
| $ |
|
| ||
| $ |
|
|
| $ |
|
|
| |
| $ |
|
|
| Total owners equity | $ |
|
|
|
|
|
|
|
| TOTAL LIABILITIES AND |
|
|
|
|
TOTAL ASSETS | $ |
|
|
| OWNERS EQUITY | $ |
|
|
|
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