Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2021 % Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ $ $ $ $ $ $ $ $ $ 27,536 66,346 156,765 250,647 853,518 1,104,165 198,119 91,496 289,615 345,000 175,000 294,550 469,550 1,104,165 dº 6⁰ dº 2⁰ % $ % % % $ % $ 950,097 % $ 1,244,929 % % % % % % % % $ $ $ $ 2022 $ $ 31,383 77,916 185,533 294,832 209,844 104,992 314,836 365,000 183,000 382,093 565,093 1,244,929 % % % % % % % % % % % % % % %
Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2021 % Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ $ $ $ $ $ $ $ $ $ 27,536 66,346 156,765 250,647 853,518 1,104,165 198,119 91,496 289,615 345,000 175,000 294,550 469,550 1,104,165 dº 6⁰ dº 2⁰ % $ % % % $ % $ 950,097 % $ 1,244,929 % % % % % % % % $ $ $ $ 2022 $ $ 31,383 77,916 185,533 294,832 209,844 104,992 314,836 365,000 183,000 382,093 565,093 1,244,929 % % % % % % % % % % % % % % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Bethesda Mining Company reports the following
Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places
Transcribed Image Text:Current assets
Cash
Accounts receivable
Inventory
Total
Fixed assets
Net plant and equipment
Total assets
Assets
Current liabilities
Liabilities and Owners' Equity
Accounts payable
Notes payable
Total
Long-term debt
Owners' equity
BETHESDA MINING COMPANY
Balance Sheets as of December 31, 2021 and 2022
2021
%
Common stock and paid-in surplus
Accumulated retained earnings
Total
Total liabilities and owners' equity
$
$
$
$
$
$
$
$
27,536
66,346
156,765
250,647
853,518
1,104,165
198,119
91,496
289,615
345,000
175,000
294,550
$ 469,550
$
1,104,165
% $
%
%
% $
% $
%
$
% $
do do do do
%
%
$
% $
% $
%
%
%
$
$
2022
31,383
77,916
185,533
294,832
950,097
1,244,929
209,844
104,992
314,836
365,000
183,000
382,093
565,093
1,244,929
%
%
%
%
%
%
%
do do do 8⁰°
%
%
%
%
%
%
%
%
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