Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Oriole Companyhad the following balances in receivable accounts at October 31, 2022 (in thousands): Allowance for Doubtful Accounts $55, Accounts Receivable $2,649, Other Receivables $188,

Oriole Companyhad the following balances in receivable accounts at October 31, 2022 (in thousands): Allowance for Doubtful Accounts $55, Accounts Receivable $2,649, Other Receivables $188, and Notes Receivable $1,286.

Prepare the balance sheet presentation ofOriole Company's receivables in good form.

ORIOLE COMPANY

Balance Sheet (Partial)

choose the accounting period

October 31, 2022

For the Year Ended October 31, 2022

For the Quarter Ended October 31, 2022

(in thousands)

select an opening section name

Receivables

Current Liabilities

Intangible Assets

Long-term Investments

Long-term Liabilities

Property, Plant and Equipment

Stockholders' Equity

Total Assets

Total Receivables

Total Current Liabilities

Total Intangible Assets

Total Liabilities

Total Liabilities and Stockholders' Equity

Total Long-term Investments

Total Long-term Liabilities

Total Property, Plant and Equipment

Total Stockholders' Equity

Net Receivables

Current Assets

Total Current Assets

enter a balance sheet item

$

enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

select a closing section name

Receivables

Current Liabilities

Intangible Assets

Long-term Investments

Long-term Liabilities

Property, Plant and Equipment

Stockholders' Equity

Total Assets

Total Receivables

Total Current Liabilities

Total Intangible Assets

Total Liabilities

Total Liabilities and Stockholders' Equity

Total Long-term Investments

Total Long-term Liabilities

Total Property, Plant and Equipment

Total Stockholders' Equity

Net Receivables

Current Assets

Total Current Assets

$

enter a total amount for this section

select between addition and deduction

Add

Less

:

enter a balance sheet item

enter a dollar amount

select a closing name for this part of the balance sheet

Receivables

Current Liabilities

Intangible Assets

Long-term Investments

Long-term Liabilities

Property, Plant and Equipment

Stockholders' Equity

Total Assets

Total Receivables

Total Current Liabilities

Total Intangible Assets

Total Liabilities

Total Liabilities and Stockholders' Equity

Total Long-term Investments

Total Long-term Liabilities

Total Property, Plant and Equipment

Total Stockholders' Equity

Net Receivables

Current Assets

Total Current Assets

$

enter a total amount for this part of the balance sheet

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Late RC Sekhar, AV Rajagopalan

1st Edition

195683609, 978-0195683608

More Books

Students also viewed these Accounting questions

Question

5. How can I help others in the network achieve their goals?

Answered: 1 week ago