The assets (in thousands) that follow were taken from the December 31, 2010, balance sheet for Big
Question:
The assets (in thousands) that follow were taken from the December 31, 2010, balance sheet for Big Rock Brewery:
Instructions
Prepare the assets section of the statement of financial position.
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Transcribed Image Text:
Accounts receivable Accumulated amortization-buildings Accumulated amortization-furniture and fixtures Accumulated amortization-production equipment Accumulated amortization-vehicles Buildings Cash Furniture and fixtures Inventories Land Prepaid expenses and other Production equipment Vehicles $ 1,789 3,304 1,818 18,648 890 11,879 769 2,328 4,471 2,516 397 33,871 1,101
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BIG ROCK BREWERY Statement of Financial Position partial December 31 2010 in thousands Assets Curren...View the full answer
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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