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Consider the following December 31, fiscal year end account balance information : Cash and cash equivalent $25,000 Accounts receivable(net) 40,000 Prepaid Insurance 12,000 Property, plant,
Consider the following December 31, fiscal year end account balance information : Cash and cash equivalent $25,000 Accounts receivable(net) 40,000 Prepaid Insurance 12,000 Property, plant, and equipment 100,000 Accounts payable 8,000 Salaries payable 15,000 Cash includes $4,000 restricted for future plant expansion. Prepaid Insurance is a 6-year policy. Total Liability at December 31,2012 would be reported as A) $79,380 B) $50,000 C) $61,111 D) $97,020
Consider the following December 31, fiscal year end account balance information :
Cash and cash equivalent $25,000
Accounts receivable(net) 40,000
Prepaid Insurance 12,000
Property, plant, and equipment 100,000
Accounts payable 8,000
Salaries payable 15,000
Cash includes $4,000 restricted for future plant expansion. Prepaid Insurance is a 6-year policy.
Total Liability at December 31,2012 would be reported as
A) $79,380
B) $50,000
C) $61,111
D) $97,020
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Game Theory Basics
Authors: Bernhard Von Stengel
1st Edition
1108910114, 9781108910118
