Fill in the missing information from the following asset portion of a balance sheet: Assets Total...

Transcribed Image Text:

Fill in the missing information from the following asset portion of a balance sheet: Assets Total current assets $ 462,500 Acc. Depr. Book Value Property, plant, and equipment: *A* Cost $ 30,000 $ 30,000 Buildings 110,000 $ 26,000 84,000 Factory equipment 650,000 192,000 *B* Office equipment 120,000 13,000 107,000 $ 910,000 $ 231,000 $ 679,000 Mineral deposits: Cost *C* Book Value Alaska deposit $1,200,000 $ 800,000 $ 400,000 Wyoming deposit 750,000 200,000 550,000 $1,950,000 $ 1,000,000 950,000 Total property, plant, and equipment *D* *E* Patents $ 75,000 Goodwill 50,000 Total intangible assets 125,000 Fill in the missing information from the following asset portion of a balance sheet: Assets Total current assets $ 462,500 Acc. Depr. Book Value Property, plant, and equipment: *A* Cost $ 30,000 $ 30,000 Buildings 110,000 $ 26,000 84,000 Factory equipment 650,000 192,000 *B* Office equipment 120,000 13,000 107,000 $ 910,000 $ 231,000 $ 679,000 Mineral deposits: Cost *C* Book Value Alaska deposit $1,200,000 $ 800,000 $ 400,000 Wyoming deposit 750,000 200,000 550,000 $1,950,000 $ 1,000,000 950,000 Total property, plant, and equipment *D* *E* Patents $ 75,000 Goodwill 50,000 Total intangible assets 125,000

Answer rating: 100% (QA)

Assets Total current 462500 assets Property plant an... View the full answer