Case Corp. had accounts payable of $100,000 recorded in the general ledger as of December 31, 2012 before consideration of the following unrecorded purchases on credit: Amount Date Shipped Date Received EOB Terms $8,000 12-22-12 12-24-12 Destination 理語言里 13,000 12-28-12 1-2-13 Destination 12,000 1-2-13 1-3-13 Shipping point 9,000 12-31-12 1-5-13 Shipping Point $42.000 In Case's December 31, 2012 balance sheet, the accounts payable should be reported in the amount of:
Case Corp. had accounts payable of $100,000 recorded in the general ledger as of December 31, 2012 before consideration of the following unrecorded purchases on credit: Amount Date Shipped Date Received EOB Terms $8,000 12-22-12 12-24-12 Destination 理語言里 13,000 12-28-12 1-2-13 Destination 12,000 1-2-13 1-3-13 Shipping point 9,000 12-31-12 1-5-13 Shipping Point $42.000 In Case's December 31, 2012 balance sheet, the accounts payable should be reported in the amount of:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Case Corp. had accounts payable of $100,000 recorded in the general ledger as of December 31, 2012 before consideration of the following
unrecorded purchases on credit:
Amount Date Shipped Date Received
$ 8,000
13,000
12,000
9,000
$42.000
12-22-12
12-28-12
1-2-13
12-31-12
12-24-12
1-2-13
a. $100,000
b. $108,000
c. $121,000
d. $142,000
e. $117,000
1-3-13
1-5-13
FOB Terms
Destination
Destination
Shipping point
Shipping Point
In Case's December 31, 2012 balance sheet, the accounts payable should be reported in the amount of:
Select one:
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