Cash $38,100; Short-term investments $4,100; Accounts receivable $48,500; Supplies $6,100; Long-term notes receivable $2,100; Equipment $96,500; Factory Building $181,000; Intangible assets $6, 100; Accounts payable $29,900; Accrued liabilities payable $3,950; Short-term notes payable $14,200; Long-term notes payable $92,500; Common stock $181,000; Retained earnings $60,950. Prepare Total Assets Section

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cash $38,100;
Short-term investments $4,100;
Accounts receivable $48,500;
Supplies $6,100;
Long-term notes receivable $2,100;
Equipment $96,500;
Factory Building $181,000;
Intangible assets $6,100;
Accounts payable $29,900;
Accrued liabilities payable $3,950;
Short-term notes payable $14,200;
Long-term notes payable $92,500;
Common stock $181,000;
Retained earnings $60,950.
Prepare Total Assets Section
Transcribed Image Text:Cash $38,100; Short-term investments $4,100; Accounts receivable $48,500; Supplies $6,100; Long-term notes receivable $2,100; Equipment $96,500; Factory Building $181,000; Intangible assets $6,100; Accounts payable $29,900; Accrued liabilities payable $3,950; Short-term notes payable $14,200; Long-term notes payable $92,500; Common stock $181,000; Retained earnings $60,950. Prepare Total Assets Section
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