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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: $ 39,000 Cash: $ 21,000 Long-term debt: $ 125,000 Other assets: $
Given the following information for Smashville, Inc., construct a balance sheet:
Current liabilities: | $ | 39,000 |
Cash: | $ | 21,000 |
Long-term debt: | $ | 125,000 |
Other assets: | $ | 42,000 |
Fixed assets: | $ | 131,000 |
Other liabilities: | $ | 12,000 |
Investments: | $ | 46,000 |
Operating assets: | $ | 47,000 |
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