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if a student measures the mass of a penny The following information applies to the questions displeyed below Couger Plastics Company hes been operating for

if a student measures the mass of a penny
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The following information applies to the questions displeyed below Couger Plastics Company hes been operating for three yeers. At December 31 of last year, the accounting records reflected the following $20000 Accounts payable $ 15.000 2.200 6,100 46.000 10,400 93,600 3,500 Investments (short term) Accounts receivable 2.900 Accrued liabilities payable 5,000 Notes payable (short-term) 31,000 Notes payable long-term 2,300 Common stock 54,000 Additional paid in capital Notes recelvable (long-term Equipment Factory building 07000 Retained earnings 4,600 During the current year, the company hed the following summarized activities: a Purchased short-term investments for $8.800 cesh. b. Lent $5,000 to a supplier who signed a two-year note c Purchased equipment thet cost $26.000 paid $4.400 cash and signed a one-year note for the balance d. Hired a new president et the end of the year. The contrect was for $84, e. Issued an additionel 1,500 shares of $0.50 per velue common stock for $18,000 cosh f Borrowed $15,000 cesh from a local bank, peyable in three months g Purchasedpatent (an intengble asset) for $2200 cash. h Built an eddition to the fectory for $22.000 paid $8,500 in cash and signed a three year note for the balance . Returned defective e 000 per year plus options to purchase company stock at a set price based on company performance quipment to the manufecturer, receiving a cash refund of $3,400

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