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Multiple Choice Question 117 The following information is for Bridgeport Day Real Estate Bridgeport Day Real Estate Balance Sheet Dec Cash Prepaid Insurance Accounts Receivable

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Multiple Choice Question 117 The following information is for Bridgeport Day Real Estate Bridgeport Day Real Estate Balance Sheet Dec Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings $24500 Accounts Payable Salaries and Wages Payable Mortgage Payable $59200 14700 84500 158400 30200 51000 Total Liabilities 85200 122000 121700 251100 $100000 Common Stock Retained Earnings Less Accumulated 372800 Depreciation (20200)79800 68700Total Liabilities and Trademark Total Assets $531200 Stockholders' Equity $531200 The total dollar amount of assets to be dassifled as property, piant. and equioment is $201800 $307200 $2870 $222000

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