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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) = 538 Current portion of long-term debt = 43 Net fixed assets = 929 Inventories = 269 Retained earnings = 166 Accruals = 93 Accumulated depreciation - 89 Common stock ($0.02 par value) = 373 Additional paid in capital = 75 Accounts receivable = 330 Notes payable = 205 Accounts payable = 182 CASH =
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