Question
These are selected account balances on December 31, 2017. Land $154500 Land (held for future use) 232500 Buildings 1045000 Inventory 242000 Equipment 680000 Furniture 147000
These are selected account balances on December 31, 2017.
| Land | $154500 |
| Land (held for future use) | 232500 |
| Buildings | 1045000 |
| Inventory | 242000 |
| Equipment | 680000 |
| Furniture | 147000 |
| Accumulated Depreciation | 450000 |
What is the total amount of property, plant, and equipment that will appear on the balance sheet?
| $2551500 |
| $1809000 |
| $1576500 |
| $2101500 |
Swifty Corporation has assets of $3590000, common stock of $941000, and retained earnings of $600000. What are the creditors claims on their assets?
|
| $3921000 |
|
| $2049000 |
|
| $3189000 |
|
| $1461000 |
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Accounting History And The Rise Of Civilization, Volume II
Authors: Gary Giroux
1st Edition
163157793X, 9781631577932
