Question: 5 Problem 13-20A Supply missing balance sheet numbers LO 13-2, 13-3 The bookkeeper for Franklin's Country Music Bar left this incomplete balance sheet. Franklin's working

 5 Problem 13-20A Supply missing balance sheet numbers LO 13-2, 13-3
The bookkeeper for Franklin's Country Music Bar left this incomplete balance sheet.

5 Problem 13-20A Supply missing balance sheet numbers LO 13-2, 13-3 The bookkeeper for Franklin's Country Music Bar left this incomplete balance sheet. Franklin's working capital is $107.000 and its debt- to-assets ratio is 40 percent. Required Complete the balance sheet by supplying the missing amounts. $ 24.000 41,000 ances 19,000 Assets Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term labtitles (36.000) 217.000 5,000 8,700 36,400 Assets Current assets $ Cash Accounts receivable Inventory 24,000 41,000 19,000 (36,000) 217,000 es Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term liabilities Mortgage payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 5,000 8,700 36,400 103,000

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