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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. 6. Koence Office Supplies Balance
Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. 6. Koence Office Supplies Balance Sheet December 31, 2017 Cash $ 195,000 150,000 165,000 90,000 255,000 270,000 $ 210.000 30.000 240.000 450.000 Accounts payable Salaties and wages paable Mortgage payable Toal liabilities Accounts receivable Inventory Prepaid inurmce Stodk igvestmmts Land Building Less Accunulated 360,000 750.000 $1.110.000 Common stodk Retained eaming Total stoddholders' equity Total liabilities and stodholders' equin $315,000 (60.000) 255,000 210.000 $1.590.000 depreciation Trademarks Total assets S1.590.000 O 1) $990,000 2) $525,000 3) $735,000 4) $585,000
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