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Using the following balance sheet accounts, complete the balance sheet below. Balance Sheet Accounts Investments $1,300,000 Paid in Capital $3,000,000 Other Current Liabilities 1,600,000 Accumulated
- Using the following balance sheet accounts, complete the balance sheet below.
Balance Sheet Accounts Investments $1,300,000 Paid in Capital $3,000,000 Other Current Liabilities 1,600,000 Accumulated Depreciation 1,200,000 Building 3,000,000 Inventories 400,000 Accounts Payable 1,500,000 Common Stock 800,000 Long-Term Debt 1,800,000 Retained Earnings 1,000,000 Cash 600,000 Land 2,200,000 Furnishings and Equipment 1,700,000 Net Receivables 2,300,000 Notes Payable 300,000 Other Assets 100,000 Marketable Securities 900,000 COMPANY NAME Balance Sheet December 31, 2021 ASSETS LIABILITIES AND OWNERS' EQUITY Current Assets Current Liabilities Total Current Liabilities Total Current Assets Long-Term Liabilities Total Liabilities Property and Equipment Owners' Equity Net Property and Equipment Total Owners' Equity TOTAL ASSETS TOTAL LIABILITIES AND OWNERS' EQUITY
Balance Sheet Accounts | |||
Investments | $1,300,000 | Paid in Capital | $3,000,000 |
Other Current Liabilities | 1,600,000 | Accumulated Depreciation | 1,200,000 |
Building | 3,000,000 | Inventories | 400,000 |
Accounts Payable | 1,500,000 | Common Stock | 800,000 |
Long-Term Debt | 1,800,000 | Retained Earnings | 1,000,000 |
Cash | 600,000 | Land | 2,200,000 |
Furnishings and Equipment | 1,700,000 | Net Receivables | 2,300,000 |
Notes Payable | 300,000 | Other Assets | 100,000 |
Marketable Securities | 900,000 | ||
COMPANY NAME Balance Sheet December 31, 2021 | |||
ASSETS | LIABILITIES AND OWNERS' EQUITY | ||
Current Assets | Current Liabilities | ||
Total Current Liabilities | |||
Total Current Assets | |||
Long-Term Liabilities | |||
Total Liabilities | |||
Property and Equipment | |||
Owners' Equity | |||
Net Property and Equipment | |||
Total Owners' Equity | |||
TOTAL ASSETS | TOTAL LIABILITIES AND OWNERS' EQUITY |
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