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fill out the missing areas Assets Liabilities and Equity Cash _____ Accounts payable $420 Accounts receivable 960 Notes payable 580 Inventories 640 Accruals _____ Total

fill out the missing areas

Assets Liabilities and Equity

Cash _____ Accounts payable $420

Accounts receivable 960 Notes payable 580

Inventories 640 Accruals _____

Total curr. assets $2,800 Total current liabs. $1,750

Gross plant and equip. _____ Long-term bonds _____

Less: accum depr. 1,650 Total debt $2,680

Net plant and equip. _____ Preferred stock _____

Common stock (100 shares) 260

Retained earnings _____

Total Common Equity $2,430

Total Equity $2,520

Total Assets $5,200 Total liabs & equity _____

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