Question
Please, prepare balance sheet from the following information and upload file with solution. Short term notes payable 5 000 Common stock 110 000 Long term
Please, prepare balance sheet from the following information and upload file with solution.
Short term notes payable 5 000
Common stock 110 000
Long term notes payable 20 000
Long term bonds payable 400 000
Retained earnings 179 000
Cash 2 200
Temporary investments 10 000
Accounts receivable 40 500
Long term investments 36 000
Buildings improvements 6 500
Accounts payable 35 900
Inventory 31 000
Interest payable 11 400
Supplies 3 800
Prepaid insurance 1 500
Taxes payable 8 700
Land 5 500
Buildings 180 000
Equipment 201 000
Other non-current asset 3000
Accumulated depreciation for equipment 56 000
Goodwill 105 000
Trade name 200 000
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