ABC Company Balance Sheet Period Ending Assets Current Assets Cash and Cash Equivalents Net Receivables Inventory Other Current Assets 2015 2014 2013 $9,135,000 $7,281,000 $6,789,000 6,778,000 6,677,000 45,141,000 44,858,000 6,525,000 43,989,000 2,224,000 2,369,000 2,199,000 Total Current Assets 63,278,000 61,185,000 59,502,000 Property Plant and Equipment 116,655,000 117,907,000 120,300,000 Goodwill 18,102,000 19,510,000 17,900,000 Other Assets 5,671,000 6,149,000 4,500,000 Total Assets 203,706,000 204,751,000 202,202,000

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.5C
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Question

Calculate accounts receivables

ABC Company Balance Sheet
Period Ending
Assets
Current Assets
Cash and Cash Equivalents
Net Receivables
Inventory
Other Current Assets
2015
2014
2013
$9,135,000
$7,281,000
$6,789,000
6,778,000
6,677,000
45,141,000
44,858,000
6,525,000
43,989,000
2,224,000
2,369,000
2,199,000
Total Current Assets
63,278,000
61,185,000
59,502,000
Property Plant and Equipment
116,655,000
117,907,000
120,300,000
Goodwill
18,102,000
19,510,000
17,900,000
Other Assets
5,671,000
6,149,000
4,500,000
Total Assets
203,706,000
204,751,000
202,202,000
Transcribed Image Text:ABC Company Balance Sheet Period Ending Assets Current Assets Cash and Cash Equivalents Net Receivables Inventory Other Current Assets 2015 2014 2013 $9,135,000 $7,281,000 $6,789,000 6,778,000 6,677,000 45,141,000 44,858,000 6,525,000 43,989,000 2,224,000 2,369,000 2,199,000 Total Current Assets 63,278,000 61,185,000 59,502,000 Property Plant and Equipment 116,655,000 117,907,000 120,300,000 Goodwill 18,102,000 19,510,000 17,900,000 Other Assets 5,671,000 6,149,000 4,500,000 Total Assets 203,706,000 204,751,000 202,202,000
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