How do I complete this balance sheet?
Cash 10,000
Accounts Payable 15,000
Prepaid Expense 1,000
Building...
How do I complete this balance sheet?
Cash 10,000
Accounts Payable 15,000
Prepaid Expense 1,000
Building 150,000
Land 100,000
Mortgage Payable 50,000
Treasury Stock 50,000
Accounts Receivable 15,000
Equipment 50,000
Accumulated Depreciation 75,000
Allowance for Doubtful Accounts 1,000
Current Maturity of Mortgage Payable 25,000
Common Stock 200,000
Retained Earnings 17,000
Inventory 7,000
Financial Analysis Questions Balance Sheet Health Valley Company
Years ending December 31, 2001 and 2002 2001...
Financial Analysis Questions Balance Sheet Health Valley Company
Years ending December 31, 2001 and 2002 2001 2002 Cash $ 20,000 $
12,000 Accounts receivable 40,000 48,000 Inventory 60,000 50,000
Total current assets $120,000 $110,000 Gross fixed assets $400,000
$450,000 (Accumulated depreciation) (120,000) (150,000) Net fixed
assets $280,000 $300,000 Total assets $400,000 $410,000 Notes
payable 5,000 10,000 Accounts payable to suppliers 25,000 30,000
Accruals 10,000 5,000 Total current liabilities 40,000 45,000
Long-term debt 100,000 140,000 Common stock ($2.00 par value)
60,000...
3- Arrange the following items in proper balance sheet
presentation;
Accumulated
depreciation
3- Arrange the following items in proper balance sheet
presentation;
Accumulated
depreciation
$300,000
Retained earnings
96,000
Cash
10,000
Bonds payable 136,000
Accounts
receivable
48,000
Plant and equipment—original cost 680,000
Accounts payable
35,000
Allowance for bad debts 6,000
Common stock, $1 par, 100,000 shares outstanding 100,000
Inventory
66,000
Preferred stock, $50 par, 1,000 shares outstanding 50,000
Marketable securities
20,000
Investments
20,000
Notes payable
33,000
Capital paid in excess of par (common stock) 88,000
a comparative balance sheet for ALPHAinc at December 31,2017 is
shown below.
2017 2016 Change
cash...
a comparative balance sheet for ALPHAinc at December 31,2017 is
shown below.
2017 2016 Change
cash 30,000 35,000 -5,000
accounts receivable 55,000 45,000 10,000
inventory 65,000 45,000 20,000
preppaid expense 15,000 25,000 -10,000
land 70,000 40,000 30,000
right of use of asset 100,000 0 100,000
equipment 90,000 75,000 15,000
accumulated depreciation -18,000 -8,000 -10,000
total 407,000 257,000 150,000
Accounts payable 65,000 52,000 13,000
accrued expense 15,000 18,000 3,000
notes payable 0 23,000 -23,000
bonds payable 30,000 0 30,000
lease...
Hamlen Corporation acquired 100 percent of Pink's Company's
common stock on January 1, 2015. Balance sheet...
Hamlen Corporation acquired 100 percent of Pink's Company's
common stock on January 1, 2015. Balance sheet data for the two
companies immediately following the acquisition follow:
.....................................................Hamlen..................
Pink's
Cash.............................................$ 30,000
..............$25,000
Accounts Receivable........................... 80,000
................40,000
Inventory........................................
150,000............... 55,000
Land.............................................. 65,000
................40,000
Buildings and Equipment......................
260,000............. 160,000
Less: Accumulated Depreciation............
(120,000)............. (50,000)
Investment in Pong Company Stock.......... 150,000
Total Assets...................................... $615,000
........$270,000
Accounts Payable...............................$
45,000.......... $ 33,000
Taxes Payable....................................
20,000............... 8,000
Bonds Payable ...................................
200,000........... 100,000
Common Stock..................................... 50,000
............20,000
Retained...
Prepare a horizontal analysis of the balance sheet. (Negative
answers should be indicated by a minus...
Prepare a horizontal analysis of the balance sheet. (Negative
answers should be indicated by a minus sign. Round your answers to
1 decimal place. (i.e., .234 should be entered as 23.4).)
ALLENDALE COMPANY
Horizontal Analysis of Balance Sheets 2019 2018 Percentage
Change
Assets Current assets Cash $40,000 $36,000
Marketable securities 20,000 6,000
Accounts receivable (net) 54,000 46,000
Inventories 135,000 143,000
Prepaid items 25,000 10,000
Total current assets 274,000 241,000
Investments 27,000 20,000
Plant (net) 270,000 255,000
Land 29,000 24,000
Total...
My balance sheet does not balance please correct the missing
information from trial balance and correct...
My balance sheet does not balance please correct the missing
information from trial balance and correct the balance sheet
below.
Trial
Balance
2015
Dr
Cr
Accounts Payable
999,210
Accounts Receivable
2,943,125
Accrued Liabilities - Other
508,643
Accrued Pension Liabilities
650,216
Accrued Restructuring Charges
126,000
Accrued Salaries, Wages and
Commissions
281,364
Accumulated Other Comprehensive Income
(Loss)
621,236
Accumulated Depreciation - Property, Plant
& Equipment
1,829,634
Accumulated Post-Employment Benefit
Obligation (long-term)
802,316
Additional...
The Comparative Balance Sheet for SOX Company showed the
following information. Additional information concerning
transactions and...
The Comparative Balance Sheet for SOX Company showed the
following information. Additional information concerning
transactions and events during 2018 are presented below.
SOX Company
Balance Sheet
October 31
Change
2018
2017
Cash and cash equivalents
$35,900
$10,200
Accounts receivable
48,300
20,300
Inventory
33,000
40,500
Prepaid expenses
2,000
1,500
Long-term investments
0
15,000
Property, plant & equipment
236,500
150,000
Accumulated depreciation
(37,700)
(25,000)
Net Property, plant & equipment
198,800
125,000
Total Assets
$318,000
$212,500
Accounts payable
$10,000
$26,500
Accrued liabilities...
Hamlen Corporation acquired 100 percent of Pink's Company's
common stock on January 1, 2015. Balance sheet...
Hamlen Corporation acquired 100 percent of Pink's Company's
common stock on January 1, 2015. Balance sheet data for the two
companies immediately following the acquisition follow:
.....................................................Hamlen..................
Pink's
Cash.............................................$ 30,000
..............$25,000
Accounts Receivable........................... 80,000
................40,000
Inventory........................................
150,000............... 55,000
Land.............................................. 65,000
................40,000
Buildings and Equipment......................
260,000............. 160,000
Less: Accumulated Depreciation............
(120,000)............. (50,000)
Investment in Pong Company Stock.......... 150,000
Total Assets...................................... $615,000
........$270,000
Accounts Payable...............................$
45,000.......... $ 33,000
Taxes Payable....................................
20,000............... 8,000
Bonds Payable ...................................
200,000........... 100,000
Common Stock..................................... 50,000
............20,000
Retained...
eBook
Problem 9-02
Given the following information, construct the firm’s balance
sheet:
Cash and cash equivalents...
eBook
Problem 9-02
Given the following information, construct the firm’s balance
sheet:
Cash and cash equivalents
$
730,000
Accumulated depreciation on plant and equipment
660,000
Plant and equipment
4,200,000
Accrued wages
330,000
Long-term debt
4,430,000
Inventory
7,170,000
Accounts receivable
3,980,000
Preferred stock
440,000
Retained earnings
8,530,000
Land
2,230,000
Accounts payable
1,540,000
Taxes due
150,000
Common stock
$
16 par
Common shares outstanding
115,000
Current portion of long-term debt
$
390,000
Round your answers to the nearest dollar.
Corporation X
Balance...