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Using the following accounts, prepare a Balance Sheet Accounts receivable $ 237,000 Inventory 243,000 Accounts payable 89,000 Notes payable 169,000 Cash 95,000 2,080,976 Sales (Sales
Using the following accounts, prepare a Balance Sheet Accounts receivable $ 237,000 Inventory 243,000 Accounts payable 89,000 Notes payable 169,000 Cash 95,000 2,080,976 Sales (Sales = Income) Interest expense 19,296 Fixed assets 500,000 87,000 Accruals (accumulated) 188,000 Long Term Debt 255,000 Comon stock (common equity) 40% Taxes 212,000 Retained earnings 75,000 Accumulated depreciation
Accounts receivable $ 237,000
Inventory 243,000
Accounts payable 89,000
Notes payable 169,000
Cash 95,000
2,080,976 Sales (Sales = Income)
Interest expense 19,296
Fixed assets 500,000
87,000 Accruals (accumulated)
188,000 Long Term Debt
255,000 Comon stock (common equity)
40% Taxes
212,000 Retained earnings
75,000 Accumulated depreciation
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
978-0134476315
