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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

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