Amount (in Normal balances) Account Titles Cash on hand and in bank 239,186 353,700 504,944 (1)? 83,259 1,594,927 110,800 (2)? (3)? 31,116 (4)? 421,772 Short-term investments Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term receivables Property, plant, and equipment (net) Total assetS Notes payable and short-term debt Accounts payable Accrued liabilities Other current liabilities 181,604 Total current liabilities 693,564 (5)? 956,140 1,370,627 Long-term loans payable Total liabilities Shareholders' equity
Amount (in Normal balances) Account Titles Cash on hand and in bank 239,186 353,700 504,944 (1)? 83,259 1,594,927 110,800 (2)? (3)? 31,116 (4)? 421,772 Short-term investments Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term receivables Property, plant, and equipment (net) Total assetS Notes payable and short-term debt Accounts payable Accrued liabilities Other current liabilities 181,604 Total current liabilities 693,564 (5)? 956,140 1,370,627 Long-term loans payable Total liabilities Shareholders' equity
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 13MCQ
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