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Fill in the blanks below with the correct entries. Round your answers to the nearest dollar. Assets Liabilities and Stockholders' Equity Current Assets Current liabilities
Fill in the blanks below with the correct entries. Round your answers to the nearest dollar. Assets Liabilities and Stockholders' Equity Current Assets Current liabilities Cash $ 230,000 Accounts payable $ 700,000 Accounts receivable Notes payable to banks 160,000 less allowance for Accrued wages doubtful accounts of $35,000) 1,320,000 Taxes Owed 130,000 Inventory 1,770,000 Total current liabilities $ 1,320,000 Total current assets Long-term debt Land Stockholders' equity Plant and equipment Common stock ($2,500,000 less ($1 par, 710,000 accumulated depreciation shares authorized, $ > 1,740,000 650,000 outstanding) Total assets 5,480,000 Retained earnings Total stockholders' equity 5 2,840,000 Total liabilities and equity $
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