The following information was obtained from the accounts of Alleg, Inc., as of December 31, 2012. It
Question:
The following information was obtained from the accounts of Alleg, Inc., as of December 31, 2012. It is presented in scrambled order.
Required
Prepare a classified balance sheet in report form. For assets, use the classifications of current assets, plant and equipment, intangibles, and other assets. For liabilities, use the classifications of current liabilities and long-term liabilities.
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Common stock, authorized 21,000 shares at $1 par value, issued 10,000 shares Additional paid-in capital Cash Marketable securities Accounts receivable Accounts payable Current maturities of long-term debt Mortgages payable Bonds payable Inventory Land and buildings Machinery and equipment Goodwill Patents Other assets Deferred income taxes (long-term liability) Retained earnings Accumulated depreciation $ 10,000 38,000 13,000 17,000 26,000 15,000 11,000 80,000 70,000 30,000 57,000 125,000 8,000 10,000 50,000 18,000 33,000 61,000
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Related Book For
Financial Statement Analysis
ISBN: 9781133189404
13th International Edition
Authors: Charles H. Gibson
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