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Crestline Services Corporation had the following accounts and balances: $35,000 35,000 Accounts payable Accounts receivable Buildings Cash $30,000 Equipment 5,000 Land ? Unearned service revenue
Crestline Services Corporation had the following accounts and balances: $35,000 35,000 Accounts payable Accounts receivable Buildings Cash $30,000 Equipment 5,000 Land ? Unearned service revenue 15,000 Total stockholders' equity 10,000 ? If the balance of the Buildings account was $95,000, what would be the total of stockholders' equity? O $145,000 O $85,000 O $110,000 O $135,000 Z Company has the following information $60,000 Accounts payable Accounts receivable 120,000 300,000 Accumulated Depreciation-Buildings Buildings 1,300,000 Cash 50,000 Common Stock 700,000 Copyright 170,000 Inventory 140,000 Investments in Stocks & Bonds (Will hold 5 years) 200,000 Investments in Stocks & Bonds (Will hold 5 40,000 months) Land 220,000 Mortgage Payable (30 year) 400,000 Notes payable (Due 7/1/2020) 250,000 Notes payable (Due 7/1/2018) 80,000 Prepaid insurance 10,000 Retained Earnings 370,000 Salaries payable 90,000 Based on the above data, what is the amount of long-term investments on Z Company's 12/31/2017 classified balance sheet? $240,000 $940,000 $900,000 $200,000 Q Company has the following information Accounts payable $60,000 Accounts receivable 100,000 Accumulated Depreciation-Buildings 500,000 Buildings 1,200,000 Cash 70,000 Common Stock 700,000 Copyright 180,000 Inventory 170,000 Investments in Stocks & Bonds (Will hold 5 years) 130,000 Investments in Stocks & Bonds (Will hold 5 60,000 months) Land 250,000 Mortgage Payable (30 year) 550,000 Notes payable (Due 7/1/2020) 280,000 Notes payable (Due 7/1/2018) 70,000 Prepaid insurance 10,000 Retained Earnings 20,000 Salaries payable 90,000 Based on the above data, what is the amount of property, plant & equipment on Q Company's 12/31/2017 classified balance sheet? $950,000 $700,000 O $1,450,000 $1,020,000 Y Company has the following information. Accounts payable Accounts receivable Accumulated Depreciation-Buildings Buildings Cash $60,000 100,000 400,000 1,500,000 80,000 Common Stock 700,000 Copyright 140,000 Inventory 160,000 Investments in Stocks & Bonds (Will hold 5 years) 150,000 Investments in Stocks & Bonds (Will hold 5 20,000 months) Land 200,000 Mortgage Payable (30 year) 400,000 Notes payable (Due 7/1/2020) 250,000 Notes payable (Due 7/1/2018) 40,000 Prepaid insurance 10,000 420,000 Retained Earnings Salaries payable 90,000 Based on the above data, what is the amount of intangible assets on Y Company's 12/31/2017 classified balance sheet? $420,000 $240,000 $140,000 $250,000 Z Company has the following information Accounts payable Accounts receivable Accumulated Depreciation-Buildings Buildings $90,000 120,000 400,000 1,800,000 Cash 50,000 Common Stock 700,000 Copyright 170,000 Inventory 180,000 Investments in Stocks & Bonds (Will hold 5 years) 200,000 Investments in Stocks & Bonds (Will hold 5 40,000 months) Land 220,000 Mortgage Payable (30 year) 400,000 Notes payable (Due 7/1/2020) 250,000 Notes payable (Due 7/1/2018) 80,000 Prepaid insurance 10,000 Retained Earnings 770,000 Salaries payable 100,000 Based on the above data, what is the amount of current liabilities on Z Company's 12/31/2017 classified balance sheet? $270,000 $670,000 $520,000 $650,000 Z Company has the following information $60,000 120,000 Accounts payable Accounts receivable Accumulated Depreciation-Buildings Buildings 400,000 1,800,000 Cash 50,000 Common Stock 700,000 Copyright 100,000 Inventory 180,000 Investments in Stocks & Bonds (Will hold 5 years) 200,000 Investments in Stocks & Bonds (Will hold 5 40,000 months) Land 220,000 Mortgage Payable (30 year) 400,000 Notes payable (Due 7/1/2020) 210,000 Notes payable (Due 7/1/2018) 80,000 Prepaid insurance 10,000 Retained Earnings 770,000 Salaries payable 100,000 Based on the above data, what is the amount of long-term liabilities on Z Company's 12/31/2017 classified balance sheet? O $690,000 $1,310,000 $610,000 $710,000 Q Company has the following information $80,000 Accounts payable Accounts receivable 100,000 460,000 Accumulated Depreciation-Buildings Buildings 1,200,000 Cash 70,000 Common Stock 700,000 Copyright 180,000 Inventory 190,000 Investments in Stocks & Bonds (Will hold 5 years) 130,000 Investments in Stocks & Bonds (Will hold 5 60,000 months) Land 250,000 Mortgage Payable (30 year) 550,000 Notes payable (Due 7/1/2020) 280,000 Notes payable (Due 7/1/2018) 30,000 Prepaid insurance 10,000 Retained Earnings 20,000 Salaries payable 90,000 Based on the above data, what is the amount of total stockholders' equity on Q Company's 12/31/2017 classified balance sheet? O $1,270,000 $700,000 $720,000 $20,000
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