please show your work
liabilities
current liabilities
Account Payable……..$6,500 …………$4,000
long term liabilities
Notes Payable ………$7,000...…………$13,000
--------------------------------------
Total liabilities ……….$13,000...………..$17,000
Stockholders Equity
Common Stock, no par …………….23,000 …….17,000
Retained earnings ………………….49,200...…...48,000
------------------------------------
Total stockholder equity...…………..72,200...……...65,000
------------------------------------
Total liability and stockholder's equity.....$85,700.....$82,000
Homework Answers
Answer to Requirement 1.
Plant Assets, 2018 = Plant Assets, 2017 + Acquisition of Plant Assets - Sale of Plant Assets
$100,350 = $88,250 + Acquisition of Plant Assets - $0
Acquisition of Plant Assets = $12,100
Answer to Requirement 2.
Notes Payable, 2018 = Notes Payable, 2017 + Issuance of Notes Payable - Repayment of Notes Payable
$7,000 = $13,000 + $4,900 - Repayment of Notes Payable
Repayment of Notes Payable = $10,900
Add Answer to:
please show your work
liabilities
current liabilities
Account Payable……..$6,500 …………$4,000
long term liabilities
Notes Payable ………$7,000...…………$13,000...
chp3 S16 -7 please show your work S16-7 (similar to) Quesion Help Rouse Media Corporation had...
chp3 S16 -7 please show your work
S16-7 (similar to) Quesion Help Rouse Media Corporation had the following income statement and balance sheet for 2018 (Click the icon to view the income statenent.) EB (Click the ioon to view the balance sheet.) Read the requirements. Requirement 1. Compute the acquisition of plant assets for Rouse Media Corporation during 2018. The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets The...
Preston Media Corporation Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets $ Current...
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need help putting together statement of cash flows! plus some... forgot these... apologies here is the...
need help putting together statement of cash flows! plus
some...
forgot these... apologies
here is the whole front and back of the paper. not entirely
sure what you mean by the "amounts" but hope its here!
thanks!
need the statement of cash flows filled out for the year ending
september 30, 2018. this was the first yellow chart. i also need
the statement of cash flows for the year ending December 31, 2018
filled ou. this was the second yellow...
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(2) All of the notes payable were paid in 2010. The only change in liabilities was that the notes payable were paid....
(2) All of the notes payable were paid in 2010. The only change in liabilities was that the notes payable were paid. (3) Market price of common stock was $9 on December 31, 2017, and $12.80 on December 31, 2018 Price-earnings ratio at Stores, Inc. for a P18-5 Selected financial data of Target Corporation and Wal-Mart Stores. In recent year are presented here (in millions). Compute selected ratios, and compare liquidity, profitability, and solvency for two companies. (LO 2) Wal-Mart...
Prat Corp. started the 2018 accounting period with $32,000 of assets (all cash), $13,000 of liabilities,...
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chp3 S16 -7 please show your work
S16-7 (similar to) Quesion Help Rouse Media Corporation had the following income statement and balance sheet for 2018 (Click the icon to view the income statenent.) EB (Click the ioon to view the balance sheet.) Read the requirements. Requirement 1. Compute the acquisition of plant assets for Rouse Media Corporation during 2018. The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets The...
Preston Media Corporation Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets $ Current Assets: Cash Accounts Receivable Long-term Assets: Plants Assets 5,000 $ 9,600 3,900 5,100 Accumulated Depreciation—Plant Assets 105,350 84,350 (29,350) (18,350) 90,600 $ 75,000 $ Total Assets Liabilities Current Liabilities: Accounts Payable $ 8,000 $ 4,500 Long-term Liabilities: 9,000 12,000 17,000 16,500 Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings 27,000 46,600 73,600 90,600 $ 23,000 35,500 58,500 75,000 Total Stockholders'...
need help putting together statement of cash flows! plus
some...
forgot these... apologies
here is the whole front and back of the paper. not entirely
sure what you mean by the "amounts" but hope its here!
thanks!
need the statement of cash flows filled out for the year ending
september 30, 2018. this was the first yellow chart. i also need
the statement of cash flows for the year ending December 31, 2018
filled ou. this was the second yellow...
i Account information Accounts Payable 41,000||Accrued Liabilities 23,000 Retained Earnings Long-term Note Payable 100,500 Common Shares, Accounts Receivable, net 108,000 Preferred Shares, $1.05 240,000 shares authorized, 49,000 shares issued 65,000 share authorized and outstanding 245,000 37,000 7,400 shares issued Dividends Payable 51,000 4,500| Cash 569,000| Inventory Total Assets, Dec 31, 2019 193,500 143,000 Property, Plant, and Net Income 385,000 Common Shareholders' Equipment, net 522,000 Prepaid Expenses Equity, Dec 31, 2019 18,000 Interest Expense 14,000 Patent, net 45,000 Assets Current assets:...
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Press Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash $ 19,000 $ 18,000 Accounts Receivable 52.000 49,000 Merchandise Inventory 81,000 85,000 Long-term Assets: Plant Assets 269,100 219,600 Accumulated Depreciation Plant Assets (45,100) 98,000 (36,600) 75,000 Investments Total Assets $ 474,000 $ 410,000 Liabilities Current Liabilities: Accounts Payable Salaries Payable Long-term Liabilities: $ 78,000 $ 2,500 72,000 3,500 60,000 71,000 Notes Payable Total Liabilities 140,500 146,500 Stockholders' Equity Common Stock, no par...
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