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Presented below are selected accounts for San Marcos Corporation for December 31 of the current year. Accounts Receivable-trade Building and Equipment Cash in bank-operating
Presented below are selected accounts for San Marcos Corporation for December 31 of the current year. Accounts Receivable-trade Building and Equipment Cash in bank-operating Interest Receivable Installment Receivables Merchandise Inventory Notes Receivable-long term Petty Cash Prepaid Expenses-current Supplies Patent 9882 208 525 Debit $720 1020 Credit Accounts Payable-trade Accumulated Depreciation Additional Paid-in Capital Allowance for Uncollectible Accounts Cash Dividends Payable Common Stock-$1 par value Income Tax Payable Notes Payable-2 years Retained Earnings Unearned Revenues-2 years. 32 19 60 228888888 625 600 45 900 65 Cash Dividends Declared 240 Income Summary 348 TOTALS $3093 $3093 What are long-term assets for San Marcos Corporation?
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