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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 $ 300,000 Accounts payable $ 670,000 Accounts receivable Notes payable to banks 190,000 ($ less allowance for Accrued wages doubtful accounts of $20,000) 1,280,000 Taxes owed 110,000 Inventory 1,790,000 Total current liabilities $ 1,280,000 Total current assets $ Long-term debt Land Stockholders equity Plant and equipment Common stock ($2,500,000 less ($3 par, 560,000 accumulated depreciation shares authorized,
the info that I need:- land-long term debt - common stock - retained earnings - total liabilities and equity
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 | $ | 300,000 | Accounts payable | $ | 670,000 | |
Accounts receivable | Notes payable to banks | 190,000 | ||||
($ less allowance for | Accrued wages | |||||
doubtful accounts of $20,000) | 1,280,000 | Taxes owed | 110,000 | |||
Inventory | 1,790,000 | Total current liabilities | $ | 1,280,000 | ||
Total current assets | $ | Long-term debt | ||||
Land | Stockholders equity | |||||
Plant and equipment | Common stock | |||||
($2,500,000 less | ($3 par, 560,000 | |||||
accumulated depreciation | shares authorized, |
- land
-long term debt
- common stock
- retained earnings
- total liabilities and equity
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