Question: As controller for Henderson, you are attempting to reconstruct and revise the following balance sheet prepared by a staff accountant. Henderson Manufacturing Company Balance Sheet

As controller for Henderson, you are attempting to reconstruct and revise the following balance sheet prepared by a staff accountant. Henderson Manufacturing Company Balance Sheet December 31, 2024 ($ in 000s) Assets Current assets: Cash $ 1,850 Accounts receivable 4,350 Allowance for uncollectible accounts (600) Finished goods inventory 6,100 Prepaid expenses 4,000 Total current assets 15,700 Long-term assets: Investments 3,600 Raw materials and work in process inventory 4,500 Equipment 22,500 Accumulated depreciationequipment (9,600) Franchise ?question mark Total assets $ ?question mark Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 7,800 Notes payable 14,000 Interest payablenote 300 Deferred revenue 2,400 Total current liabilities 24,500 Long-term liabilities: Bonds payable 13,000 Interest payablebonds 500 Shareholders' equity: Common stock $ ?question mark Retained earnings ?question mark ?question mark Total liabilities and shareholders' equity ?question mark Additional information ($ in 000s): Certain records that included the account balances for the franchise and shareholders' equity items were lost. However, a complete, preliminary balance sheet prepared before the records were lost showed a debt to equity ratio of 1.6. That is, total liabilities are 160% of total shareholders' equity. Retained earnings at the beginning of the year was $3,800. Net income for 2024

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