Tech Tool: Spreadsheet Software Valencia Orange Inc. has asked for your assistance in adding some XBRL tags
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Tech Tool: Spreadsheet Software
Valencia Orange Inc. has asked for your assistance in adding some XBRL tags to its financial statements.
1. Download the data file for this exercise.
2. Use the information in Figure 9.12 to write the XBRL tags for the following selected items on Valencia Orange’s statement of financial position at August 31, 2011.
a. Long-term debt noncurrent $4,172.5 million
b. Other liabilities noncurrent $391.5 million
c. Commitments and contingencies $0
d. Common stock $3 million
Common StockCommon stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Related Book For
Accounting Information Systems The Crossroads of Accounting & IT
ISBN: 978-0132991322
2nd Edition
Authors: Donna Kay, Ali Ovlia
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