Accumulated amortization Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, 100,000 shares outstanding Inventory Preferred stock, 1,000 shares outstanding Marketable securities Investments Notes payable Current Assets: (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Total current assets Other Assets: (Click to select) Capital assets: (Click to select) (Click to select) Net plant and equipment Total assets : + ; # # # Assets $215,000 203,400 12,000 136,000 50,000 680,000 39,000 4,600 00 166,000 70,000 55,000 20,000 20,000 33,000 ¹8 Balance Sheet 0000 00 (Click to select) (Click to select) Liabilities and Shareholders' Equity Current Liabilities: Total current liabilities. Long-term liabilities (Click to select) Total liabilities. (Click to select) (Click to select) (Click to select) # Shareholders' Equity: # # Total shareholders' equity Total liabilities and shareholders' equity Check my work

Accumulated amortization Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, 100,000 shares outstanding Inventory Preferred stock, 1,000 shares outstanding Marketable securities Investments Notes payable Current Assets: (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Total current assets Other Assets: (Click to select) Capital assets: (Click to select) (Click to select) Net plant and equipment Total assets : + ; # # # Assets $215,000 203,400 12,000 136,000 50,000 680,000 39,000 4,600 00 166,000 70,000 55,000 20,000 20,000 33,000 ¹8 Balance Sheet 0000 00 (Click to select) (Click to select) Liabilities and Shareholders' Equity Current Liabilities: Total current liabilities. Long-term liabilities (Click to select) Total liabilities. (Click to select) (Click to select) (Click to select) # Shareholders' Equity: # # Total shareholders' equity Total liabilities and shareholders' equity Check my work

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Investing activities include Multiple Choice Purchase of non-current assets Lending and collecting on notes receivable Sale of equity investments Sale of non-current assets < Prev 30 of 30 D Next arch VivoBook LGO 81 dm
Compute and Analyze Measures for DuPont Disaggregation Analysis The 2018 balance sheets and income statement for Netflix Inc. follow. Refer to these financial statements to answer the requirements. NETFLIX INC. Consolidated Statements of Earnings For Year Ended December 31, $ thousands 2018 Revenues $9,318,661 Cost of revenues 5,880,847 1,397,987 720,870 630,294 688,663 Marketing Technology and development General and administrative Operating income Other income (expense) Interest expense Interest and other income Income before income taxes Provision for income taxes Net income NETFLIX INC. Consolidated Balance Sheets in thousands, except par value 2018 Current assets Cash and cash equivalents Current content assets, net Other current assets Total current assets Noncurrent content assets, net Property and equipment, net Other noncurrent assets Total assets Current liabilities Current content liabilities Accounts payable Accrued expenses Deferred revenue (248,091) 41,725 482,297 8,977…
12 -ok 7 int Required Information [The following information applies to the questions displayed below.] Income statement and balance sheet data for The Athletic Attic are provided below. Net sales Cost of goods sold Gross profit Expenses: THE ATHLETIC ATTIC Income Statements For the Years Ended December 31 Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net income Assets Current assets: Cash Accounts receivable Inventory Supplies Long-term assets; Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable 2825 $ 10,680,000 6,980,000 3,700,000 1,620,000 200,000 42,000 424,000 2,286,000 $ 1,414,000 2024 $9,100,000 Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity 5,600,000 3,500,000 1,570,000 200,000 42,000 370,000 2,182,000 $1,318,000 THE ATHLETIC ATTIC…
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File Edit Vew Go Tools Window Help ASSIGNMENIT NO.1 BUSS 104.pdf (page Question 3: KLM Co. had the following information in 2020: 32000 15000 Issuance of common stock Payment of dividends Bank loan repaid Purchase of equipment Issuance of bonds payable Sale of long Term Assets Decrease in Accounts receivable Purchase of short term investment Increase of prepaid expenses Purchase of land Net Profit 21000 55000 29000 24000 17000 12000 15000 50000 37800 Depreciation Amortization 18500 9500
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The following are the ending balances of accounts at December 31, 2021, for the Valley Pump Corporation. Credits Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals $ Debits 44,000 94,000 119,000 82,000 158,000 395,000 113,000 31,000 51,000 $ 29,000 119,000 44,000 84,000 39,000 345,000 6,000 390,000 31,000 $1,087,000 $1,087,000 Additional Information: 1. The $158,000 balance in the land account consists of $119,000 for the cost of land where the plant and office buildings are located. The remaining $39,000 represents the cost of land being held for speculation. 2. The $82,000 balance in the investment in equity securities account represents an investment in the…
Instructions: complete Pages 1 - 2 prior to class Listed below are balance sheet accounts. Identify what balance sheet section the account belongs in: Current Assets Current Liabilities Long Term Investments Property Plant and Equipment Intangibles Long-term liabilities Stockholders' Equity Account Amount Balance Sheet Section Accounts Payable 5,000 Accounts Receivable 5,000 Accum. Depreciation Bonds Payable 20,000 50,000 Cash 20,000 25,000 Common Stock Copyrights Discount on Bonds Payable 30,000 2,500 Inventory 1,000 Investments (long term) 25,000 Machinery 100,000 Marketable Securities 15,000 75,000 PIC in Excess of Par CS Prepaid Insurance Retained Earnings 3,000 23,500 Unearned Fees 1,000 Wages Payable 2,000 Calculate: Current Assets Long Term Investments Property Plant and Equipment Intangibles Total Assets Current Liabilities Long-term liabilities Total Liabilities
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