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FIND TOTAL CURRENT ASSETS, TOTAL ASSETS, TOTAL CURRENT LIABILITIES , RETAINED EARNINGS AND TOTAL LIABILITIES AND OWNERS EQUITY Balance Sheet 12/31/2013 ASSETS Current assets Cash
FIND TOTAL CURRENT ASSETS, TOTAL ASSETS, TOTAL CURRENT LIABILITIES , RETAINED EARNINGS AND TOTAL LIABILITIES AND OWNERS EQUITY
Balance Sheet 12/31/2013 ASSETS Current assets Cash Accounts receivable Inventories Total current assets Fixed assets Accumulated depreciation (-) Intangible assets LIABILITIES Current liabilities $16,000 Notes payable $28,000 Accounts payable $48,000 Total current liabilities $14,000 $19,000 33000 $190,000 92000 Long-term debt $368,000 OWNERS' EQUITY $142,000 Retained earnings $82,000 Common stock $130,000 TOTAL LIABILITIES AND TOTAL ASSETS 400000 OWNERS' EQUITYStep by Step Solution
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