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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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