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Problem 9-03 Fill in the blanks below with the correct entries. Round your answers to the nearest dollar Assets Current Assets Cash Accounts receivable ($
Problem 9-03 Fill in the blanks below with the correct entries. Round your answers to the nearest dollar Assets Current Assets Cash Accounts receivable ($ $ 150,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ Notes payable to banks Accrued wages 680,000 150,000 less allowance for doubtful accounts of $20,000) Inventory Total current assets 1,320,000 1,790,000 Taxes owed Total current liabilities Long-term debt 180,000 1,360,000 $ $ Land Stockholders' equity ol Plant and equipment ($2,320,000 less accumulated depreciation $ Common stock ($1 par, 580,000 shares authorized, 540,000 outstanding) 1,620,000 Total assets $ 5,200,000 Retained earnings $ 2,800,000 Total stockholders' equity Total liabilities and equity $
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