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Cash X Sales Revenue Debt Investments (trading) (at cost, $145,000) Premium on Bonds Payable XxCost of Goods Sold Customer Lists Debt Investments (long-term) Equity Investments
Cash X Sales Revenue Debt Investments (trading) (at cost, $145,000) Premium on Bonds Payable XxCost of Goods Sold Customer Lists Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Unearned Rent Revenue Investment Revenue Land Buildings Dividends Payable Cash Surrender Value - Life Insurance Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory Bond Sinking Fund Gain on Sale of Trading Investment Notes Payable (long-term) Equipment Bonds Payable Accumulated Depreciation Equipment Franchises Common Stock ($5 par) Treasury Stock Patents Retained Earnings Paid-in Capital in Excess of Par Totals $ Noncurrent Liabilities Stockholders' Equity Debit 197,000 153,000 4,800,000 125,000 299,000 277,000 2,000,000 260,000 1,040,000 75,000 435,000 400,000 211,000 597,000 300,000 600,000 160,000 191,000 195,000 12,315,000 $ 576000 1688000 Credit 355000 777000 1900,000 1299000 8,100,000 50,000 90,000 455,000 12,000 63,000 136,000 96,000 152,000 25,000 80,000 838,000 Classify accounts and provide the totals for each of the following classifications: 8.100,000 -4,500,000 -2,000,000 Net Income $32,000 63,000-400000 -211,000 +80,00 1357,000 Current Assets Long-term Investments Property, plant, & equipment Intangible Assets Current Liabilities 1,000,000 60,000 1,000,000 78,000 80,000 12,315,000
I dont know if the totals in thr bottom are correct. What is needed is:
1.Net Income
2.Current Assets
3.Long term investments
4.PP&E
5.Intangible Assets
6.Current Liabilities
7.Noncurrent Liabilities
8.Stockholders Equity
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