Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet
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Financial data for Joel de Paris, Incorporated, for last year follow:
Joel de Paris, Incorporated
Balance Sheet
Beginning Balance Ending Balance
Assets
Cash $ 128,000 $ 135,000
Accounts receivable 335,000 476,000
Inventory 576,000 477,000
Plant and equipment, net 821,000 812,000
Investment in Buisson, S.A. 403,000 431,000
Land (undeveloped) 247,000 252,000
Total assets $ 2,510,000 $ 2,583,000
Liabilities and Stockholders' Equity
Accounts payable $ 381,000 $ 340,000
Long-term debt 1,035,000 1,035,000
Stockholders' equity 1,094,000 1,208,000
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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