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Got to prepare balance sheet This format how they want it Enclosed, the accounting data for the Kahve Corporation for the year 1 Authorized Shares

Got to prepare balance sheet

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This format how they want it

image text in transcribed

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Enclosed, the accounting data for the Kahve Corporation for the year 1 Authorized Shares Quantity Common Stooks 400,000 Preferred Stocks 20,000 Amount $ 490,000 $ 270,200 $ 292.000 $ 300,000 $1,640,000 $360,000 Accounts Payable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Bonds Payable Buildings Cash Common Stock (Par Value $ 1) Debt Investment (Trading) (out&Fair Waltherame) Discount on Bond Payable Equipment Goodwill Income Tax Payable $ 200,000 $ 121,000 $ 15,000 $1,470,000 $ 125,000 $ 98,362 $ 97,630 $ 239,800 Income Tax Receivable $ 480,000 $1,600,000 $ 265,000 $ 445,700 Inventory Land Notes Payable (long term) Notes Payable (short term) Notes Receivable (short term) Payroll Taxes Payable Preferred Stook (Par Value $10) Prepaid Expenses Rent Payable (long term Rent Payable (short term) Retained Earnings $ 177,591 $ 150 000 $ 87.920 $ 480,000 $ 45,000 ? Actions to take: 1. Prepare a Classified Balance Sheet Protected View - Search JANLUIS HERNANC safer to stay in Protected View. Enable Editing AW AXAY AZ BA BB BD BC Balance Sheet BE BF BCBHBI BI BK BL AV Quantity 400.000 20,000 Cash Assets Accounts Receivable Investments Amount Current Assets Plant Assets (net) $ 430 000 Land $ 270.200 $ 292.000 $ 300,000 $1,640 000 $360,000 $ 200,000 $ 121.000 $ 15.000 During the year 2. the follow 1 The company sold part of its This transaction has resulted in 2. A portion of land was purchas 3. Long-term notes payable in 4. Common Stoch was issued at 5. Dividends of 18,200 were dec 6. Net income for the year 2 7. Land was purchased through 8. A: December 31, 2. the Cash the Accounts Payable balancere Total Current Assets $1.470.000 $ 125.000 $ 98.362 Long-Term Investments $97.630 $ 239,800 $ 480,000 $1,600.000 Actions to take 1. Prepare the Statement of Cash 2. Compute the Free Cash Flows. Total Long-Term Investments $265.000 $ 445,700 $ 177,591 $ 150.000 $ 87.920 $ 480.000 $ 45,000 ? Property. Plant, and Equipment Total Property. Plant, and Equipment Intangible Assets Total latangible Assets 96 to stay in Protected View. Enable Editing AV AW AXAY AZ BA BB BC BO BE BF BGBH BI BI BK BI Intangible Assets Total Intangible Assets Total Current, Long-Term and Intangible Assets Liabilities Current Liabilities Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities Total Current and Long-Term Liabilities Stockholder's Equity Total Stockholder's Equity Total Liabilities and Stockholder's Equity 96

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