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Presented Below is the adjusted balance of Bent Corporation at December 31, 2021 Debit Credit Accounts Payable 5682.000 Accounts ocelable 5 652.000 Accrued isbites 144.000
Presented Below is the adjusted balance of Bent Corporation at December 31, 2021 Debit Credit Accounts Payable 5682.000 Accounts ocelable 5 652.000 Accrued isbites 144.000 228.000 recumulated Depreciation Buildings Accued Deprecation-woment Administrative Expenses 90.000 1.350.000 Allowance for Doubtful Accounts 38000 Bonds Payable 1.500.000 Buildings 1.500.000 Cash 295.000 Common Stock 55 pard 1.500.000 Copyrights & License 200.000 cost of Goods Sold 7200,000 Det investments 78.000 Equipment 900.000 Equity Investments Gain on sale of land 120.000 Goodwill 293.000 income taxes payable 204.000 interest Expense 317.000 Inventory 895.000 investment Revenue 95.000 Land 20.000 1450.000 Notes Payable Paid-in Capital in Excess of Retained Earrings 155.000 117.000 Sales Revenue 12.150.000 seting Expenses 3.000.000 Treasury Stock 287000 Total $18.473.000 518 473000 Additional information 1 The 5678.000 balance in the investiment in debt imvestments account represents an includes $250.000 that Bent intends to sell within the next year. Bent intends to keep the remaining balance as a long-term investment 2. The bonds payable are due in 2026 3. The equity securities are a long-term investment 4. The notes payable balance matures in equal installments over the next ten years Required Prepare the following sections of the balance sheet. Isting all of the accounts and their balances and indicating the total amount to be reported 1. Current assets 2. Property, plant and equipment Current abies Calculate the following amounts to be reported on the balance sheet 1 Total Assets 2. Total Shareholders Equity Debit Credit Accounts Payable 5682.000 Accounts ocelable 5 652.000 Accrued isbites 144.000 228.000 recumulated Depreciation Buildings Accued Deprecation-woment Administrative Expenses 90.000 1.350.000 Allowance for Doubtful Accounts 38000 Bonds Payable 1.500.000 Buildings 1.500.000 Cash 295.000 Common Stock 55 pard 1.500.000 Copyrights & License 200.000 cost of Goods Sold 7200,000 Det investments 78.000 Equipment 900.000 Equity Investments Gain on sale of land 120.000 Goodwill 293.000 income taxes payable 204.000 interest Expense 317.000 Inventory 895.000 investment Revenue 95.000 Land 20.000 1450.000 Notes Payable Paid-in Capital in Excess of Retained Earrings 155.000 117.000 Sales Revenue 12.150.000 seting Expenses 3.000.000 Treasury Stock 287000 Total $18.473.000 518 473000 Additional information 1 The 5678.000 balance in the investiment in debt imvestments account represents an includes $250.000 that Bent intends to sell within the next year. Bent intends to keep the remaining balance as a long-term investment 2. The bonds payable are due in 2026 3. The equity securities are a long-term investment 4. The notes payable balance matures in equal installments over the next ten years Required Prepare the following sections of the balance sheet. Isting all of the accounts and their balances and indicating the total amount to be reported 1. Current assets 2. Property, plant and equipment Current abies Calculate the following amounts to be reported on the balance sheet 1 Total Assets 2. Total Shareholders Equity
Presented Below is the adjusted balance of Bent Corporation at December 31, 2021
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