On the Clark and Company Inc. balance sheet, indicate the amount that should appear for each of
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Clark and Company Inc Consolidated Balance Sheet December 31, 2011 Assets Current assets: $24,250 Cash Investment securitles Accounts and notes recetvable Allowance for doubtful accounts and notes receivable 121,664 197,682 4,227 7,851 Other current assets Total current assets Noncurrent assets: Property. plant, and equipment. Accumulated depreclation Other noncurrent assets Total noncurrent assets $694.604 (d $398,832 3,217 412.049 Total assets $792,514 Liabilities and Owners' Equity Current llabilitles: Accounts payable Payable to banks Income taxes payable Current Installments of long-term Accrued expenses Total current llabllities $(e) 34,236 9,211 6,341 7,100 debt $ (5 Noncurrent llablities: Long-term debt.. Deferred Income tax liablillty Minority interest in subsidiaries ···· Total noncurrent lablltles $ (g) 41,218 4,201 205.410 Total lablities Contributed capltal: $350,782 Preferred stock, no par value (authorized 1.618 shares Issued I.115 shares) Common stock, $ par value per share $ 12,392 (authorized 60,000 shares; Issued 21.842 shares) Additional pald-in capital 0) $ (k) 390,625 Total contributed capital Retained eamings Total contributed capital and retained earnings .. Less: Treasury stock, at cost (1.229 shares) Total owners' equity Total llabllities and owners' equlty s (U) 27,038
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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