Question
I am looking for the answers to Polly's Pet Products Balance sheet as of Dec 31 2018 Polly's Pet Products Balance Sheet as of December
I am looking for the answers to Polly's Pet Products Balance sheet as of Dec 31 2018
Polly's Pet Products Balance Sheet as of December 31, 2018 ASSETS CURRENT ASSETS Cash Accounts receivable 50,000 Other assets 25,000 Total current assets LONG TERM ASSETS Fixed Assets 75,000 TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable 75,000 Accrued expenses Income tax payable 5,000 Current portion of notes payable 12,000 Deferred income taxes 1,500 Total current liabilities 123,500 LONG TERM LIABILITIES Notes payable (long term) TOTAL LIABILITIES 161,500 STOCKHOLDERS' EQUITY Common stock 5,000 Additional paid-in capital 15,000 Retained Earnings Total stockholders' equity TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
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