Your answer is partially correct. Try again. Balance sheets for Salt Company and passer Company on December 31, 2013, talow! ASSETS Renivables 800,940 115,140 145,580 682,720 $1,014,430 $175,480 224,340 213,173 1 220,380 11,839.373 Mantas Total swets EQUITIES Accounts payable Mortgage payable Cameron stock, $20 per valua Other contributed capital Retained earnings Totul meu $172,440 5247,656 152,160 193,670 316,730 952.000 185,050 249,68 217.050 195,367 $1,014,430 $1,839.373 Per Campany tentatively plans to issa 2B,SSO shares of its 20 par value stack, which has a s er market value of 538 per share not of commission and other issue COSES. Pepper Company the plans to acquire the assets and assume the liablities of Salt Company for a cash payment of $778.700 and $278,300 in long-term & notes payable. Pebber Company's recevables Indude $58,260 owed by Sat Company. Papa Company is willing to be more than the book value of Sat Company assets because plant assets are undervalued by 3201,030 and Salt Company has historically came above-nama prots Prepares pra forma balenesteet showing the effects of these planned transactions. If amount reduces the account balance then enter with negative sign preceding the number wg. -5,125 ar parentheses .. (5,125).) PEPPER COMPANY Pro Forma Balance Sheet Giving Effect to Proposed TSus of Common Stock and Nota Payable for All of the Common Stack of sult Company under Purch an Accounting December 31, 2013 Audited Balance Sheet Adjustments Balance Sheet Cash $175,480 349040 Revelables 224,310 5 6B30 Inventories 216,173 1946586 14304101 Goodwill Total Assets 1,839, 373 247,655 1190 ACCOU Payable Notes Paysbc, 3% Mortgage Payable 193,070 952,000 Cameron Stock, $20 per Additional Paid-in Capital 215,090 Retained Earnings Total Liabilis and Equity 1,009,373 Your answer is partially correct. Try again. Balance sheets for Salt Company and passer Company on December 31, 2013, talow! ASSETS Renivables 800,940 115,140 145,580 682,720 $1,014,430 $175,480 224,340 213,173 1 220,380 11,839.373 Mantas Total swets EQUITIES Accounts payable Mortgage payable Cameron stock, $20 per valua Other contributed capital Retained earnings Totul meu $172,440 5247,656 152,160 193,670 316,730 952.000 185,050 249,68 217.050 195,367 $1,014,430 $1,839.373 Per Campany tentatively plans to issa 2B,SSO shares of its 20 par value stack, which has a s er market value of 538 per share not of commission and other issue COSES. Pepper Company the plans to acquire the assets and assume the liablities of Salt Company for a cash payment of $778.700 and $278,300 in long-term & notes payable. Pebber Company's recevables Indude $58,260 owed by Sat Company. Papa Company is willing to be more than the book value of Sat Company assets because plant assets are undervalued by 3201,030 and Salt Company has historically came above-nama prots Prepares pra forma balenesteet showing the effects of these planned transactions. If amount reduces the account balance then enter with negative sign preceding the number wg. -5,125 ar parentheses .. (5,125).) PEPPER COMPANY Pro Forma Balance Sheet Giving Effect to Proposed TSus of Common Stock and Nota Payable for All of the Common Stack of sult Company under Purch an Accounting December 31, 2013 Audited Balance Sheet Adjustments Balance Sheet Cash $175,480 349040 Revelables 224,310 5 6B30 Inventories 216,173 1946586 14304101 Goodwill Total Assets 1,839, 373 247,655 1190 ACCOU Payable Notes Paysbc, 3% Mortgage Payable 193,070 952,000 Cameron Stock, $20 per Additional Paid-in Capital 215,090 Retained Earnings Total Liabilis and Equity 1,009,373
