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Given the following information, construct the firm's balance sheet: Cash and cash equivalents Accumulated depreciation on plant and equipment Plant and equipment Accrued wages Long-term
Given the following information, construct the firm's balance sheet: Cash and cash equivalents Accumulated depreciation on plant and equipment Plant and equipment Accrued wages Long-term debt Inventory Accounts receivable Preferred stock Retained earnings Land Accounts payable Taxes due Common stock Common shares outstanding Current portion of long-term debt $ 850,000 1,050,000 6,160,000 430,000 4,080,000 6,350,000 4,660,000 460,000 8,035,000 2,830,000 2,820,000 180,000 $ 15 par 231,000 $ 330,000 Round your answers to the nearest dollar. Assets Cash and cash equivalents $ Accounts receivable Inventory Total current assets $ Land Plant and equipment Corporation X Balance Sheet as of XX/XX/XX Liabilities and Owners' Equity Accounts payable Taxes due Accrued wages Current portion of long-term debt Total current liabilities Long-term debt Preferred stock Common stock Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $ Total assets
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