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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: $31,000 Cash: $21,000 Long-term debt: $102,000 Other assets: $38,000 Fixed assets: $130,000
Given the following information for Smashville, Inc., construct a balance sheet:
Current liabilities: | $31,000 |
Cash: | $21,000 |
Long-term debt: | $102,000 |
Other assets: | $38,000 |
Fixed assets: | $130,000 |
Other liabilities: | $13,000 |
Investments: | $34,000 |
Operating assets: | $64,000 |
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