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h Vaughn Manufacturing Balance Sheet December 31, 2022 $185000 Accounts payable Cash $198000 Accounts receivable 151000 Salaries and wages payable 25000 Inventory 172000 248500 Mortgage
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Vaughn Manufacturing Balance Sheet December 31, 2022 $185000 Accounts payable Cash $198000 Accounts receivable 151000 Salaries and wages payable 25000 Inventory 172000 248500 Mortgage payable Total liabilities Prepaid insurance 93600 $471500 Stock investments (long-term) 268000 Land 293000 Buildings $308000 Common stock $408100 Less: Accumulated depreciation (61000) 247000 Retained earnings 736000 Goodwill 206000 Total stockholders equity $1144100 Total assets $1615600 Total liabilities and stockholders' equity $1615600 O $601000 $746000 $1005000 0 $540000 Vaughn Manufacturing Balance Sheet December 31, 2022 $185000 Accounts payable Cash $198000 Accounts receivable 151000 Salaries and wages payable 25000 Inventory 172000 248500 Mortgage payable Total liabilities Prepaid insurance 93600 $471500 Stock investments (long-term) 268000 Land 293000 Buildings $308000 Common stock $408100 Less: Accumulated depreciation (61000) 247000 Retained earnings 736000 Goodwill 206000 Total stockholders equity $1144100 Total assets $1615600 Total liabilities and stockholders' equity $1615600 O $601000 $746000 $1005000 0 $540000 Step by Step Solution
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