Question
Prepare a balance sheet with the following information: 1. Property and equipment of $60,000.00 with accumulated depreciation of $10,000.00. 2. Vehicles for $40,000.00 net. 3.
Prepare a balance sheet with the following information: 1. Property and equipment of $60,000.00 with accumulated depreciation of $10,000.00. 2. Vehicles for $40,000.00 net. 3. Pre-paid costs of $5,000.00. 4. $10,000.00 cash 5. Accounts receivable of $35,000.00 (Gross) 6. Accounts receivable pushed to loss: $5,000.00 7. Inventory of $40,000.00 8. Long-term bank loan of $70,000.00 with current portion of $10,000. 9. $10,000.00 owed to investors 10. Accounts payable $35,000.00 11. Credit lines with 6 months expiration: $10,000.00. 12. Accumulated costs of $5,000.00. 13. Common actions $50,000.00 14. Authors rights and patents for $40,000.00 15. Accounts receivable from the Treasurer $10,000.00 16. Retained earnings of $50,000.00 17. Other running accounts: $5,000.00
I've included the premade layout I have if it's any help, but it's in spanish
El Tiburn Verde, Inc. Balance Sheet For the year ended December 31, 20 Activos Activos Corrientes $ 10,000.00 Caja Cuentas por Cobrar( Netas) Inventario Gastos Prepagados Otros Activos Corrientes Total de Activos Corrientes $ 10,000.00 Activos Fijos Propiedad y Equipos (Netos) Vehculos (Netos) Total Activos Fijos Netos $ Otros Activos Cuentas por Cobrar Oficiales (Tesorero) Intangibles (Derechos de Autor y patente) Total Otros activos $ $ Total de Activos 10,000.00 Pasivos Pasivos Corrientes a180 das Lnea de crdito Cuentas Por Pagar Contribuciones por Pagar Gastos Acumulados Porcin Corriente prstamo a trmino Total de Pasivos Corrientes $ Otros Pasivos Prstamo a Trmino Cuenta a pagar a accionistas Total otros pasivos $ $ Total de Pasivos Capital Acciones Comunes Ganancias Retenidas Total de Capital Total de Pasivos y Capital $Step by Step Solution
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