Question: Make balance sheet given the following information for Corp. as of December 31, 2014: cash = $200,000; intangible net fixed assets = $854,000; accounts payable
Make balance sheet given the following information for Corp. as of December 31, 2014: cash = $200,000; intangible net fixed assets = $854,000; accounts payable = $289,000; accounts receivable = $260,000; tangible net fixed assets = $5,170,000; inventory = $545,000; notes payable = $182,000; retained earnings = $4,656,000; long-term debt = $1,180,000. (Enter your answer as directed, but do not round intermediate calculations.)
Step by Step Solution
3.33 Rating (147 Votes )
There are 3 Steps involved in it
Based on the given information we can prepare the balance sheet for Corp as of December 31 2014 bash ... View full answer
Get step-by-step solutions from verified subject matter experts
