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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. se the following data to
Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. se the following data to determine the total dollar amount of assets to be classified as current assets. Wolverine Domination Supplies Balance Sheet December 31, 2022 Cash $195,000 Accounts Payable $210,000 Accounts Receivable 150,000 Salaries Payable 30,000 Inventory 165,000 Mort. Payable (L Term) 240,000 Prepaid Insurance 90,000 Total Liabilities $480,000 Stock Invest (long term) 255,000 Land 270.000 Common Stock $360,000 Buildings - used in business $315,000 Retained Earnings 750,000 Less: Acc Depr 255,000 Total Stockholder Goodwill 210,000 Equity $1.110,000 Total Liabilities and Total Assets $1,590,000 Stockholder Equity $1,590,000 $990.000 5525.000 $585.000 $735.000
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