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Problem 1 Arrange the following items in proper balance sheet presentation. See textbook, pages 29-31 and 46-47. S300,000 10,000 136,000 48,000 680,000 Bonds payabl.e. Accounts
Problem 1 Arrange the following items in proper balance sheet presentation. See textbook, pages 29-31 and 46-47. S300,000 10,000 136,000 48,000 680,000 Bonds payabl.e. Accounts receivable.... Accounts payable Common stock, S1 par, 100,000 shares outstanding.. Pant and equipment oia 6,000 100,000 Inventory... Marketable securities... Notes payable.. Preferred stock, $50 par, 1,000 shares outstanding... .50,000 20,000 20,000 ..33,000 Capital paid in excess of par (common stock ) ....88,000
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