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Random items from the Smyth Company Balance Sheet for December 31, 2005 are given below. Use these items to reconstruct the balance sheet and solve
Random items from the Smyth Company Balance Sheet for December 31, 2005 are given below. Use these items to reconstruct the balance sheet and solve for the amount of CASH shown on the Smyth Balance Sheet. Long-term debt (excluding current portion) = 662 Current portion of long-term debt = 58 Net fixed assets = 836 Inventories = 248 Retained earnings = 153 Accruals = 109 Accumulated depreciation = 92 Common stock ($0.02 par value) = 222 Additional paid in capital = 120 Accounts receivable = 351 Notes payable = 153 Accounts payable = 150 CASH = ??? Your Answer: Anewer
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