{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-14T00:04:05-04:00", "answer_date": "2024-09-14 00:04:05", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10719770", "url": "\/study-help\/questions\/xyz-company-balance-sheet-as-of-december-31-20x7-and-10719770", "question_creation_date_js": "2024-09-14T00:04:05-04:00", "question_creation_date": "Sep 14, 2024 12:04 AM", "meta_title": "[Solved] XYZ Company Balance Sheet as of December | SolutionInn", "meta_description": "Answer of - XYZ Company Balance Sheet as of December 31, 20x7 and 20x8 December 20x8 20x7 Assets Current assets: Cash and cash equ | SolutionInn", "meta_keywords": "xyz,company,balance,sheet,december,31,20x7,20x8,assets,current,cash,equivalents", "question_title_h1": "XYZ Company Balance Sheet as of December 31, 20x7 and 20x8 December 20x8 20x7 Assets Current assets: Cash and cash equivalents Accounts receivable, net Inventories", "question_title": "XYZ Company Balance Sheet as of December 31, 20x7 and 20x8 December", "question_title_for_js_snippet": "XYZ Company Balance Sheet as of December 31, 20x7 and 20x8 December 20x8 20x7 Assets Current assets Cash and cash equivalents Accounts receivable, net Inventories Total current assets Property and equipment, net Buildings, net Land Total assets $ 22,000 $ 9,000 13,000 21,000 14,000 20,000 49,000 50,000 50,000 30,000 35,000 40,000 10,000 10,000 $ 144,000 $ 130,000 December Liabilities and stockholders' equity 20x8 20x7 Current liabilities Accounts payable $ 14,000 $ 4,000 Short term debt 10,000 13,000 Wages and salaries payable 2,000 1,000 Income taxes payable 2,000 Total current liabilities 26,000 20,000 Long term debt 85,000 35,000 Other long term liabilities 20,000 15,000 Total liabilities 131,000 70,000 Stockholders' equity Capital stock 1,000 shares iss and out 10,000 10,000 Retained earnings 3,000 50,000 Total stockholders' equity 13,000 60,000 Total liabilities and stockholders' equity $144,000 $130,000 Comparative, comes from the word compare , which is to identify and evaluate differences between two or more similar", "question_description": "
\"image <\/div><\/div> XYZ Company Balance Sheet as of December 31, 20x7 and 20x8 December 20x8 20x7 Assets Current assets: Cash and cash equivalents Accounts receivable, net Inventories Total current assets Property and equipment, net Buildings, net Land Total assets $ 22,000 $ 9,000 13,000 21,000 14,000 20,000 49,000 50,000 50,000 30,000 35,000 40,000 10,000 10,000 $ 144,000 $ 130,000 December Liabilities and stockholders' equity 20x8 20x7 Current liabilities: Accounts payable $ 14,000 $ 4,000 Short-term debt 10,000 13,000 Wages and salaries payable 2,000 1,000 Income taxes payable 2,000 Total current liabilities 26,000 20,000 Long-term debt 85,000 35,000 Other long-term liabilities 20,000 15,000 Total liabilities 131,000 70,000 Stockholders' equity Capital stock - 1,000 shares iss. and out. 10,000 10,000 Retained earnings 3,000 50,000 Total stockholders' equity 13,000 60,000 Total liabilities and stockholders' equity $144,000 $130,000 Comparative, comes from the word \"compare\", which is to identify and evaluate differences between two or more similar", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-14 00:04:05", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/business-communication-process-\/were-you-surprised-by-the-various-perceptions-of-extramarital-sex-2007978", "description": "Were you surprised by the various perceptions of extramarital sex? 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