Arrange the following items in proper balance sheet presentation. (Be sure to list the assets in...
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Arrange the following items in proper balance sheet presentation. (Be sure to list the assets in order of their liquidity. Input all answers as positive values.) Accumulated amortization Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, 100,000 shares outstanding Inventory Preferred stack, 1,000 shares outstanding Marketable securities Investments Notes payable (0 months) Current Assets: Cash Marketable securities Accounts receivable Less Allowance for bad debts Inventory Current Assets: Cash Marketable securities Accounts receivable Less Allowance for bad debts Inventory Total current assets Other Assets: Investments Capital assets: Plant and equipment Less Accumulated amortization Net plant and equipment Total assets Assets V V Assets 50000 (2000) < Prev 56000 7000 $275,000 100,000 18,000 5 156,000 56,000 $ 740,000 51,000 7,000 190,000 82,000 75,000 20,000 26,000 45,000 Balance Sheet 18000 20000 49000 2000 2 of 4 Balance Sheet 58000 20000 49000 82000 169000 26000 Liabilities and shareholders Equity abilities: Current Accounts payable Notes payable Total current liabilities Long-term liabilities Bonds cavable equity Next Liabilities and Shareholders Equity Current Liabilities: Accounts payable Netes payable Total current liabilities. Long term liabilities Bonds payable Total liabilities Shareholders Equity Preferred stock Common stock Retained earnings Total shareholders equity Total Habilities and shareholders Arrange the following items in proper balance sheet presentation. (Be sure to list the assets in order of their liquidity. Input all answers as positive values.) Accumulated amortization Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, 100,000 shares outstanding Inventory Preferred stack, 1,000 shares outstanding Marketable securities Investments Notes payable (0 months) Current Assets: Cash Marketable securities Accounts receivable Less Allowance for bad debts Inventory Current Assets: Cash Marketable securities Accounts receivable Less Allowance for bad debts Inventory Total current assets Other Assets: Investments Capital assets: Plant and equipment Less Accumulated amortization Net plant and equipment Total assets Assets V V Assets 50000 (2000) < Prev 56000 7000 $275,000 100,000 18,000 5 156,000 56,000 $ 740,000 51,000 7,000 190,000 82,000 75,000 20,000 26,000 45,000 Balance Sheet 18000 20000 49000 2000 2 of 4 Balance Sheet 58000 20000 49000 82000 169000 26000 Liabilities and shareholders Equity abilities: Current Accounts payable Notes payable Total current liabilities Long-term liabilities Bonds cavable equity Next Liabilities and Shareholders Equity Current Liabilities: Accounts payable Netes payable Total current liabilities. Long term liabilities Bonds payable Total liabilities Shareholders Equity Preferred stock Common stock Retained earnings Total shareholders equity Total Habilities and shareholders
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Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Posted Date:
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