Given the following balance sheet items of a company at December 31, 2018.                                                                                                           (RM 000) Accrued liabilities                                                       4,137 Equipment                                                                 21,523 Inventories                                                                47,041 Land                                                                                811 Building                                                                     18,273 Prepaid expenses                                                           512 Accumulated depreciation                                       11,528 Accounts receivable                                                    8,960 Cash and cash equivalent                                          9,333 Goodwill                                                                         270 Other assets                                                                   103 Income tax payable                                                     1,532 Short-term debt                                                          5,614 Accounts payable                                                      14,294 Current maturities of long-term debt                       1,884 Deferred income tax                                                      843 Long-term debt                                                         21,059 Common stock                                                              5,760 Retained earnings                                                    40,175 Total current assets                                                 65,846 Total assets                                                               95,298 Total current liabilities                                            27,461 Total liabilities                                                          49,363 Total stockholders’ equity                                        45,935 Required: Rearrange the above items and prepare the balance sheet of this company on December 31, 2020

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  1. Given the following balance sheet items of a company at December 31, 2018.

                                                                                                          (RM 000)

Accrued liabilities                                                       4,137

Equipment                                                                 21,523

Inventories                                                                47,041

Land                                                                                811

Building                                                                     18,273

Prepaid expenses                                                           512

Accumulated depreciation                                       11,528

Accounts receivable                                                    8,960

Cash and cash equivalent                                          9,333

Goodwill                                                                         270

Other assets                                                                   103

Income tax payable                                                     1,532

Short-term debt                                                          5,614

Accounts payable                                                      14,294

Current maturities of long-term debt                       1,884

Deferred income tax                                                      843

Long-term debt                                                         21,059

Common stock                                                              5,760

Retained earnings                                                    40,175

Total current assets                                                 65,846

Total assets                                                               95,298

Total current liabilities                                            27,461

Total liabilities                                                          49,363

Total stockholders’ equity                                        45,935

Required:

Rearrange the above items and prepare the balance sheet of this company on December 31, 2020                                                                             

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