fortheComputefollowing (show yoursolution):1. Total Current Assets2. Total Non-current Assets3. Total Assets4. Total Cash and Cash Equivalents5. Total Inventories6. Total Current Liabilities7. Total Non-Current Liabilites8. Total Liabilities9. Total Liabilities and Owner's Equity10. Total Net Assets of the company Below is the ledger ofXYZ CompanyAccount TitlesAmountAccounts Receivable259,345.00Accumulated depreciation - Buildings484,180.00Accumulated depreciation - Furniture and Fixtures139,766.00Accumulated depreciation - Manufacturing Equipments182,228.00Allowance for Doubtful Accounts54,300.00Bonds Payable560,000.00Buildings1,152,637.00Cash in Bank535,445.00Cash on Hand58,598.00Current portion of Long-term Notes PayableFinished goods250,000.0017,068.00Furnitures and Fixtures346,641.00Income Taxes PayableLand52,053.00926,747.00Leasehold Improvements350,600.00Long-term Notes PayableManufacturing EquipmentsMoney Market Fund1,750,000.00345,234.0032,578.00Mortgage Payable460,000.00Patents889,467.00Petty Cash Fund30,000.00Raw materials490,063.00S. Martin, Capital1,766,056.00Salaries Payable45,608.00Short-term investments360,614.00Trade Accounts Payable254,900.00Treasury Bills203,514.00Unearned Revenue67,573.00Utilities PayableWork in progress163,826.00231,939.00

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Description: fortheComputefollowing (show yoursolution):1. Total Current Assets2. Total Non-current Assets3. Total Assets4. Total Cash and Cash Equivalents5. Total Inventories6. Total Current Liabilities7. Total Non-Current Liabilites8. Total Liabilities9. Total

2. Balance Sheet - This Statement shows the balance of assets liabilities and Equity as at the…

Business

Accounting

for the Compute following (show your solution): 1. Total Current Assets 2. Total Non-current Assets 3. Total Assets 4. Total Cash and Cash Equivalents 5. Total Inventories 6. Total Current Liabilities 7. Total Non-Current Liabilites 8. Total Liabilities 9. Total Liabilities and Owner's Equity 10. Total Net Assets of the company

for the Compute following (show your solution): 1. Total Current Assets 2. Total Non-current Assets 3. Total Assets 4. Total Cash and Cash Equivalents 5. Total Inventories 6. Total Current Liabilities 7. Total Non-Current Liabilites 8. Total Liabilities 9. Total Liabilities and Owner's Equity 10. Total Net Assets of the company

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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