Bramble Company shows a balance of $249,430 in the Accounts Receivable account on December 31, 2025. The balance consists of the following. Installment accounts due in 2026 Installment accounts due after 2026 $29,500 42.200 Overpayments to vendors 3,530 Due from regular customers, of which $40,980 represents accounts pledged as security for a bank loan 87,900 Advances to employees 2,500 Advance to subsidiary company (due in 2026) 83,800 Illustrate how the information above should be shown on the balance sheet of Bramble Company on December 31, 2025. BRAMBLE COMPANY Balance Sheet (Partial) $ +A $ +A
Bramble Company shows a balance of $249,430 in the Accounts Receivable account on December 31, 2025. The balance consists of the following. Installment accounts due in 2026 Installment accounts due after 2026 $29,500 42.200 Overpayments to vendors 3,530 Due from regular customers, of which $40,980 represents accounts pledged as security for a bank loan 87,900 Advances to employees 2,500 Advance to subsidiary company (due in 2026) 83,800 Illustrate how the information above should be shown on the balance sheet of Bramble Company on December 31, 2025. BRAMBLE COMPANY Balance Sheet (Partial) $ +A $ +A
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Bramble Company shows a balance of $249,430 in the Accounts Receivable account on December 31, 2025. The balance consists of
the following.
Installment accounts due in 2026
Installment accounts due after 2026
$29,500
42.200
Overpayments to vendors
3,530
Due from regular customers, of which $40,980 represents accounts pledged as security for a bank loan
87,900
Advances to employees
2,500
Advance to subsidiary company (due in 2026)
83,800
Illustrate how the information above should be shown on the balance sheet of Bramble Company on December 31, 2025.
Transcribed Image Text:BRAMBLE COMPANY
Balance Sheet (Partial)
$
+A
$
+A
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