Question
The following information is taken from the records of Ginger Corporation: Accounts Payable$19,000Short-Term Investment$12,000Land$52,000Cash$23,000Factory Equipment$29,000Loans Payable$30,000Office Furniture$18,000Prepaid Expense$9,000Unearned Revenue$6,000 Do not enter dollar signs or
The following information is taken from the records of Ginger Corporation:
Accounts Payable$19,000Short-Term Investment$12,000Land$52,000Cash$23,000Factory Equipment$29,000Loans Payable$30,000Office Furniture$18,000Prepaid Expense$9,000Unearned Revenue$6,000
Do not enter dollar signs or commas in the input boxes.
a) Calculate total current assets.
Total Current Assets: = $Answer
b) Calculate total long-term assets.
Total long-term Assets: = $Answer
c) Calculate total assets.
Total Assets: = $Answer
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Corporate Financial Reporting And Analysis
Authors: S David Young, Jacob Cohen, Daniel A Bens
4th Edition
111949463X, 9781119494638
