$ 42,000 $ 33,000 Cash and cash equivalents. Accounts recelvable.... 84,000 77,000 Inventory. 95,700 131,000 Property, plant, and equipment.. Accumulated depreciation-property, plant, and equipment . Total assets.. Short-term notes payable. Accounts payable..... Long-term notes payable. Bonds payable.. Common stock, $1 par.. Additional paid-in capital.. Retained earnings.... Total liabilities and stockholders' equity. 560,000 500,000 (210,000) 5 531,000 $ 30,000 (231,500) S 550.200 81,000 69,000 110,000 90,000 60,000 120,000 35,000 35,000 165,000 165,000 99,200 22,000 S 550.200 $ 531,000

$ 42,000 $ 33,000 Cash and cash equivalents. Accounts recelvable.... 84,000 77,000 Inventory. 95,700 131,000 Property, plant, and equipment.. Accumulated depreciation-property, plant, and equipment . Total assets.. Short-term notes payable. Accounts payable..... Long-term notes payable. Bonds payable.. Common stock, $1 par.. Additional paid-in capital.. Retained earnings.... Total liabilities and stockholders' equity. 560,000 500,000 (210,000) 5 531,000 $ 30,000 (231,500) S 550.200 81,000 69,000 110,000 90,000 60,000 120,000 35,000 35,000 165,000 165,000 99,200 22,000 S 550.200 $ 531,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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