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Homework Answers
| Particulars | Debit | Credit |
| Cash | 21,372.00 | |
| Short term Invesments | 9,609.00 | |
| Accounts Receivable | 17,509.00 | |
| Incentories | 2,116.00 | |
| Other CA | 23,939.00 | |
| Long Tem Invesmtents | 134,848.00 | |
| Property plant | 31,675.00 | |
| non current Assets | 12,556.00 | |
| Accounts payable | 30,277.00 | |
| Accrued Expenses | 18,503.00 | |
| Unearned Income | 8,515.00 | |
| Short term notes payable | 7,743.00 | |
| Dividend Payable | 11,133.00 | |
| long Term debt | 47,340.00 | |
| other non Current liabiltes | 27,932.00 | |
| Common Stock | 2.00 | |
| Additional paid Cap | 25,187.00 | |
| Retained Earning | 76,992.00 | |
| 253,624.00 | 253,624.00 | |
| Working | ||
| Particulars | Debit | Credit |
| Cash | 18274 | |
| Long Term Debt | 18274 | |
| Long Term Investment | 4340 | |
| Short Tem Invement | 17360 | |
| Cash | 21700 | |
| Property Plant and Equipment | 10996 | |
| Cash | 9578 | |
| Short term Notes | 1418 | |
| Cash | 1476 | |
| Common Stock | 1 | |
| Add Paid Up Capital | 1475 | |
| Cash | 19016` | |
| Short Term Investmets | 19016` | |
| Retained Earning | 11133 | |
| Dividend Payable | 11133 |
Add Answer to:
prepare a trial balance for the period ended September 29,
2018
[The following information applies to...
prepare a classified balance sheet for mango at September 29, 2018 based on these transactions, im...
prepare a classified balance sheet for mango at September 29, 2018
based on these transactions,
im having trouble filling in the rest.
$ 13,884 11,265 17,509 2, 116 23,939 68,713 130, 508 20,679 12,556 $ 232,456 September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned...
$ 14,024 11,377 17,681 2,134 24,141 69,357 131, 732 20,873 12,676 $ 234,638 September 30, 2017...
$ 14,024 11,377 17,681 2,134 24,141 69,357 131, 732 20,873 12,676 $ 234,638 September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock (50.60001 per value) Additional paid-in...
year (fiscal year ending on the last Saturday of September). MANGO INC. CONSOLIDATED BALANCE SHEET September...
year (fiscal year ending on the last Saturday of September). MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash $ 14,054 Short-term investments 11,401 Accounts receivable 17,718 Inventories 2,138 Other current assets 24,186 Total current assets 69,497 Long-term investments 131,998 Property, plant, and equipment, 20,915 net Other noncurrent assets 12,702 Total assets $ 235,112 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 30,625 Accrued expenses 18,717 Unearned revenue 8,617 Short-term notes payable 6,398...
following is Mango's (simplified) balance sheet from a recent year (fiscal year ending on the last...
following is Mango's (simplified) balance sheet from a recent year (fiscal year ending on the last Saturday of September). $ 14,054 11,401 17,718 2,138 24,186 69,497 131,998 20,915 12,702 $ 235, 112 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses...
Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September...
Assume that the following transactions (in millions) occurred
during the next fiscal year (ending on September 29, 2018):
Borrowed $18,279 from banks due in two years.
Purchased additional investments for $22,200 cash; one-fifth
were long term and the rest were short term.
Purchased property, plant, and equipment; paid $9,584 in cash
and signed a short-term note for $1,422.
Issued additional shares of common stock for $1,481 in cash;
total par value was $1 and the rest was in excess of...
Please Help $ 14,084 11,425 17,755 2,142 24,231 69,637 132, 264 20,957 12,728 $ 235,586 MANGO...
Please Help
$ 14,084 11,425 17,755 2,142 24,231 69,637 132, 264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity:...
$ 14,084 11,425 17,755 2,142 24,231 69,637 132,264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE...
$ 14,084 11,425 17,755 2,142 24,231 69,637 132,264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.90001...
Mango Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal...
Mango Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players and sells a variety of related software and services. The following is Mango's (simplified) balance sheet from a recent year (fiscal year ending on the last Saturday of September). $ 14,084 11,425 17,755 2,142 24,231 69,637 132, 264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash $...
MANGO INC.
CONSOLIDATED BALANCE SHEET
September 30, 2017
(dollars in millions)
ASSETS
Current assets:
Cash
$
14,054
Short-term investments
11,401
Accounts receivable
17,718
Inventories
2,138
Other current assets
24,186
Total current assets
69,497
Long-term investments
131,998
Property, plant, and equipment, net
20,915
Other noncurrent assets
12,702
Total assets
$
235,112
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable
$
30,625
Accrued expenses
18,717
Unearned revenue
8,617
Short-term notes payable
6,398
Total current liabilities
64,357
Long-term debt
29,404
Other noncurrent liabilities...
prepare a classified balance sheet for mango at September 29, 2018
based on these transactions,
im having trouble filling in the rest.
$ 13,884 11,265 17,509 2, 116 23,939 68,713 130, 508 20,679 12,556 $ 232,456 September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned...
$ 14,024 11,377 17,681 2,134 24,141 69,357 131, 732 20,873 12,676 $ 234,638 September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock (50.60001 per value) Additional paid-in...
year (fiscal year ending on the last Saturday of September). MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash $ 14,054 Short-term investments 11,401 Accounts receivable 17,718 Inventories 2,138 Other current assets 24,186 Total current assets 69,497 Long-term investments 131,998 Property, plant, and equipment, 20,915 net Other noncurrent assets 12,702 Total assets $ 235,112 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 30,625 Accrued expenses 18,717 Unearned revenue 8,617 Short-term notes payable 6,398...
following is Mango's (simplified) balance sheet from a recent year (fiscal year ending on the last Saturday of September). $ 14,054 11,401 17,718 2,138 24,186 69,497 131,998 20,915 12,702 $ 235, 112 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses...
Assume that the following transactions (in millions) occurred
during the next fiscal year (ending on September 29, 2018):
Borrowed $18,279 from banks due in two years.
Purchased additional investments for $22,200 cash; one-fifth
were long term and the rest were short term.
Purchased property, plant, and equipment; paid $9,584 in cash
and signed a short-term note for $1,422.
Issued additional shares of common stock for $1,481 in cash;
total par value was $1 and the rest was in excess of...
Please Help
$ 14,084 11,425 17,755 2,142 24,231 69,637 132, 264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity:...
$ 14,084 11,425 17,755 2,142 24,231 69,637 132,264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.90001...
Mango Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players and sells a variety of related software and services. The following is Mango's (simplified) balance sheet from a recent year (fiscal year ending on the last Saturday of September). $ 14,084 11,425 17,755 2,142 24,231 69,637 132, 264 20,957 12,728 $ 235,586 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities...
MANGO INC.
CONSOLIDATED BALANCE SHEET
September 30, 2017
(dollars in millions)
ASSETS
Current assets:
Cash
$
14,054
Short-term investments
11,401
Accounts receivable
17,718
Inventories
2,138
Other current assets
24,186
Total current assets
69,497
Long-term investments
131,998
Property, plant, and equipment, net
20,915
Other noncurrent assets
12,702
Total assets
$
235,112
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable
$
30,625
Accrued expenses
18,717
Unearned revenue
8,617
Short-term notes payable
6,398
Total current liabilities
64,357
Long-term debt
29,404
Other noncurrent liabilities...
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