Question
Required information Prepare the balance sheet. (Enter your answers in thousands of dollars. Amounts to be deducted should be indicated by a minus sign.)
Required information Prepare the balance sheet. (Enter your answers in thousands of dollars. Amounts to be deducted should be indicated by a minus sign.) H&H TOOL, INCORPORATED Balance Sheet At December 31, 2021 (in thousands) Current Assets Cash Accounts Receivable Supplies Total Current Assets Land Equipment Buildings Software Buildings Total Assets Assets Liabilities Current Liabilities $ 70 Accounts Payable 20 Notes Payable (short-term) 11 Salaries and Wages Payable 0 Interest Payable 0 Income Tax Payable 0 S C 00000 93 13 11 2 9 101 Total Current Liabilities 44 7 Stockholders' Equity $ 62 60 Retained Earnings S 183 62 Common Stock 97 30 260 0x 30 Total Stockholders' Equity $ 200 Total Liabilities and Stockholders' Equity S 304 < Req 6B Req 6C
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
11th Edition
1264229739, 9781264229734
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