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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) - 615 Current portion of long-term debt = 61 Net fixed assets = 910 Inventories = 286 Retained earnings = 151 Accruals = 86 Accumulated depreciation = 88 Common stock ($0.02 par value) = 290 Additional paid in capital = 79 Accounts receivable = 350 Notes payable = 163 Accounts payable = 173 CASH = ??? Your
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