Shown below in random order is a list of balance sheet items for Red River Farms...
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Shown below in random order is a list of balance sheet items for Red River Farms at September 30,2001. Land $550,000 Fences and Gates (Assets) $33,570 Building $20,125 $78,300 Irrigation System (Assets) $530,000 Notes payable $16,710 Cash Accounts Receivable 22,365 Livestock (Asset) $120,780 Tractor (Asset) 76,650 Farm Machinery $42,970 Accounts Payable $77,095 Hollis Roberts Capital Property Taxes Payable $9,135 $1,820 Wages Payable Instructions: Prepare a balance sheet by using these items and computing the amount for Hollis Roberts Capital. Shown below in random order is a list of balance sheet items for Red River Farms at September 30,2001. Land $550,000 Fences and Gates (Assets) $33,570 Building $20,125 $78,300 Irrigation System (Assets) $530,000 Notes payable $16,710 Cash Accounts Receivable 22,365 Livestock (Asset) $120,780 Tractor (Asset) 76,650 Farm Machinery $42,970 Accounts Payable $77,095 Hollis Roberts Capital Property Taxes Payable $9,135 $1,820 Wages Payable Instructions: Prepare a balance sheet by using these items and computing the amount for Hollis Roberts Capital.
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NonCurrent Assets Land 550000 Fences and Gates 33750 Building 78300 Irrigation Sys... View the full answer
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
Posted Date:
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