Preview File Edit View Go Tools Window Help Screen Shot 2022-10-07 at 4.21.38 PM Q Q Prepaid rent Total current assets Plant, Property, & Equipment: Land Coffee equipment Less accumulated depreciation Total Plant, Property, & Equipment TOTAL ASSETS Current liabilities: Accounts Payable Wages Payable Unearned Fees Total current liabilities Long-term liabilities: Notes Payable (due in 2 years) Total long-term liabilities TOTAL LIABILITIES Jon David, capital TOTAL OWNER'S EQUITY LIABILITIES OWNER'S EQUITY 3,000 16,500 100000 20000 500 ? 136,000 500 500 ? ? 54000 56000 80000 80000 136000 4 Search TOTAL LIABILITIES & OWNER'S EQUITY Questions: 1) If total assets is 136000, how much is total liabilities and owner's equity? 2) If total owner's equity is 136000, how much is total assets? 3) If total current asset is 16500 and non-cash current asset is 12000, how much is cash asset? 4) If equipment is 20000 and the equipment's accumulated depreciation is 500, what is the equipment book value? 5) If total asset is 136000 and current asset is 16500, what is the noncurrent asset (PPE)? 6) If noncurrent asset is made up of land 100000, coffee equipment 20000, which has accumulated depreciation of 500, what is the total noncurrent asset (PPE)? Sat Oct 8 6:23 PM