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Notes Payable (short-term) $195,000 Accounts Receivable $500,000 Accumulated Depreciation - Bldg. 700,000 Prepaid Insurance 53,000 Supplies 38,000 Common Stock 1,025,000 Salaries and Wages Payable
Notes Payable (short-term) $195,000 Accounts Receivable $500,000 Accumulated Depreciation - Bldg. 700,000 Prepaid Insurance 53,000 Supplies 38,000 Common Stock 1,025,000 Salaries and Wages Payable 28,000 Unappropriated Retained Earnings 350,000 Debt Investments (long-term) 300,000 Inventory 1,680,250 Cash 150,000 Land 430,000 Bonds Payable Due 1/1/2028 1,000,000 Trading Securities 77,000 Allowance for Doubtful Accts. 7,800 Interest Payable 5,000 Copyrights 195,000. Buildings 1,600,000 Notes Receivable (due in 6 months) 140,000 Accounts Payable 490,000 Income Taxes Payable 145,000 Additional Paid-in Capital 190,000 Preferred Stock 830,000 Appropriated Retained Earnings 280,000 Compute each of the following: 1. Total current assets 2638250 2. Total property, plant, and equipment $ 1330000 3. Total assets $ 4268250 4. Total current liabilities $ 870800 5. Total stockholders' equity $ 2675000
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