If cash is $7,115, accounts receivable is $11,420,notes payable
is $6,819, retained earnings is $8,144 how...
If cash is $7,115, accounts receivable is $11,420,notes payable
is $6,819, retained earnings is $8,144 how much is stockholders'
equity?_____________
2014
2015
Accounts payable
440
380
Accounts receivable, net
1,810
2,040
Accruals
95
120
Cash
120...
2014
2015
Accounts payable
440
380
Accounts receivable, net
1,810
2,040
Accruals
95
120
Cash
120
100
Capital surplus
1,120
1,290
Common stock
1,000
1,100
Cost of Goods Sold
6,610
6,420
Depreciation expense
1,550
1,650
Interest expense
140
170
Inventory (end of year)
5,720
5,530
Long-term debt
3,890
4,150
Net fixed assets
7,530
8,050
Net sales
10,750
11,050
Notes payable
800
740
Operating expenses (excluding depreciation)
1,680
1,780
Retained earnings
7,835
7,940
Taxes
250
360
22. Cash flow from operating...
1) Accounts Receivable began with a balance of $739 , the
account had credits of $1,393...
1) Accounts Receivable began with a balance of $739 , the
account had credits of $1,393 and debits of $975.
The ending balance of accounts receivable is $____
2) If common stock is $6,341, accounts receivable is
$12,299,notes payable is $6,394, retained earnings is $8,510 how
much is cash?_____________
An explanation as to why you came to the answer is much
appreciated!! Thank you!
Accounts Payable
$ 70,600
Accounts Receivable
46,000
Accumulated Depreciation—Equipment
183,600
Cash
21,600
Common Stock
94,500
Cost...
Accounts Payable
$ 70,600
Accounts Receivable
46,000
Accumulated Depreciation—Equipment
183,600
Cash
21,600
Common Stock
94,500
Cost of Goods Sold
1,646,340
Freight-Out
17,410
Equipment
429,190
Depreciation Expense
37,500
Dividends
32,400
Gain on Disposal of Plant Assets
5,400
Income Tax Expense
27,000
Insurance Expense
24,300
Interest Expense
13,500
Inventory
70,300
Notes Payable
117,450
Prepaid Insurance
16,200
Advertising Expense
90,450
Rent Expense
91,800
Retained Earnings
37,900
Salaries and Wages Expense
320,360
Sales Revenue
2,440,000
Salaries and Wages Payable
16,200
Sales Returns and Allowances...
Determined the common stock for Bertinelli Corp. based on the
following information: cash = $380,000; patents...
Determined the common stock for Bertinelli Corp. based on the
following information: cash = $380,000; patents and copyrights =
$730,000; accounts payable = $380,000; accounts receivable =
$179,000; tangible net fixed assets = $3,800,000; inventory =
$345,000; notes payable = $180,000; accumulated retained earnings =
$1,235,000; long-term debt = $1,530,000.
Determine the common stock for Bertinelli Corp. based on the
following information: cash = $240,000; patents...
Determine the common stock for Bertinelli Corp. based on the
following information: cash = $240,000; patents and copyrights =
$720,000; accounts payable = $520,000; accounts receivable =
$129,000; tangible net fixed assets = $4,300,000; inventory =
$255,000; notes payable = $180,000; accumulated retained earnings =
$1,195,000; long-term debt = $1,530,000.
Accounts Payable
420
Accounts Receivable
3,200
Capital Stock
240
Cash
100
Cost of Goods Sold
600...
Accounts Payable
420
Accounts Receivable
3,200
Capital Stock
240
Cash
100
Cost of Goods Sold
600
Inventory
380
Long-term Debt
4,640
Net Income
280
Property, Plant, and Equipment (net)
1,400
Retained Earnings
(220)
Sales
3,000
Note: The retained earnings amount reported is as of the END of
the year (after the closing entries have been made). In this
problem, the retained earnings amount is NEGATIVE.
Compute DEBT-TO-EQUITY RATIO.
Group of answer choices
232.0
0.05
253.0
0.98
1.09
Cash
$
60,300
Accounts Receivable
28,200
Allowance for Uncollectible Accounts
$
3,800
Inventory
37,900
Notes Receivable...
Cash
$
60,300
Accounts Receivable
28,200
Allowance for Uncollectible Accounts
$
3,800
Inventory
37,900
Notes Receivable (5%, due in 2 years)
31,200
Land
171,000
Accounts Payable
16,400
Common Stock
236,000
Retained Earnings
72,400
Totals
$
328,600
$
328,600
During January 2021, the following transactions occur:
January
1
Purchase equipment for $21,100. The company estimates a
residual value of $3,100 and a five-year service life.
January
4
Pay cash on accounts payable, $11,100.
January
8
Purchase additional inventory on account, $98,900....
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