Question
Fill in the missing pieces to the balance sheet below for Capital One Financial. Make sure to show your work in the available space. Assets
Fill in the missing pieces to the balance sheet below for Capital One Financial. Make sure to show your work in the available space.
Assets Liabilities & Owners Equity
Cash $500,000 Accounts Payable_____
Accounts Receivable______ Notes Payable $600,000
Inventory $750,000 Accruals $400,000
Total Current Assets $1,800,000 Total Current Liabilities______
Net Plant & Equip______ Long-Term Debt $4,000,000
Total Debt $5,000,000
Retained Earnings $1,500,000
Stockholders Equity_____
Total Equity_____
Total Assets_____ Total Liabilities & Owners Equity $8,000,000
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