Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional
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Category | Prior year | Current year |
Accounts payable | 41,400 | 45,000 |
Accounts receivable | 115,200 | 122,400 |
Accruals | 16,200 | 13,500 |
Additional paid in capital | 200,000 | 216,660 |
Cash | ??? | ??? |
Common Stock @ par value | 37,600 | 42,000 |
COGS | 131,400 | 173,584.00 |
Depreciation expense | 21,600 | 23,216.00 |
Interest expense | 16,200 | 16,707.00 |
Inventories | 111,600 | 115,200 |
Long-term debt | 135,000 | 137,814.00 |
Net fixed assets | 378,216.00 | 399,600 |
Notes payable | 59,400 | 64,800 |
Operating expenses (excl. depr.) | 50,400 | 62,367.00 |
Retained earnings | 122,400 | 136,800 |
Sales | 255,600 | 338,491.00 |
Taxes | 9,900 | 18,942.00 |
What is the current year's entry for long-term debt on a common-sized balance sheet?
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