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Use the accounts below for Stanley Black and Decker to prepare a Balance Sheet at December 31, 2015. ($ millions). In addition, Retained Earnings at
Use the accounts below for Stanley Black and Decker to prepare a Balance Sheet at December 31, 2015. ($ millions). In addition, Retained Earnings at December 31, 2014 was $10,000, Net Income for the year ended December 31, 2015 was 40,000 and 4,000 was paid out in dividends during 2015.
Cash 10,000
Accounts receivable 6,000
Inventory 10,000
Land and Building 76,000
Accounts payable 1,000
Long-term debt 30,000
Contributed capital 25,000
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