Homework Help is Here – Start Your Trial Now!
Business
Accounting
Please answer the missing amount (?) , Change in amount and percentage. Thanks.

Please answer the missing amount (?) , Change in amount and percentage. Thanks.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Please answer the missing amount (?) , Change in amount and percentage.

Thanks.

 

ACCOUNT 2003 2002 CHANGE IN PERCENTAGE AMOUNT CASH 40,200 44,300 ACC REC. 131,400 127,600 MERCHANDISE INV 92,200 88,100 PREPAID INSURANCE 3,700 4,100 OFFICE SUPPLIES 6,200 4,000 TOTAL CURRENT ASSETS LAND 154,000 154,000 BUILDING 231,700 237,000 FIXTURES 23,900 21,400 VEHICLES 55,100 64,000 COMPUTERS 16,800 13,000 TOTAL NON- CURRENT ASSETS TOTAL ASSETS ACCOUNTS PAYABLE 51,800 55,700 SALARIES 25,100 23,200 PAYABLE NOTES PAYABLE 19,000 38,000 TOTAL CURRENT ? ? LIABILITIES MORTGAGE 88,900 91,300 PAYABLE BONDS PAYABLE 165,000 165,000 TOTAL NON- ? ? CURRENT LIABILITIES TOTAL LIABILITIES COMMON STOCK 350,000 350,000 RETAINED 113,800 86,300 EARNINGS TOTAL OWNER'S EQUITY ТОTAL LIABILITIES AND OWNER'S EQUITY
Transcribed Image Text:ACCOUNT 2003 2002 CHANGE IN PERCENTAGE AMOUNT CASH 40,200 44,300 ACC REC. 131,400 127,600 MERCHANDISE INV 92,200 88,100 PREPAID INSURANCE 3,700 4,100 OFFICE SUPPLIES 6,200 4,000 TOTAL CURRENT ASSETS LAND 154,000 154,000 BUILDING 231,700 237,000 FIXTURES 23,900 21,400 VEHICLES 55,100 64,000 COMPUTERS 16,800 13,000 TOTAL NON- CURRENT ASSETS TOTAL ASSETS ACCOUNTS PAYABLE 51,800 55,700 SALARIES 25,100 23,200 PAYABLE NOTES PAYABLE 19,000 38,000 TOTAL CURRENT ? ? LIABILITIES MORTGAGE 88,900 91,300 PAYABLE BONDS PAYABLE 165,000 165,000 TOTAL NON- ? ? CURRENT LIABILITIES TOTAL LIABILITIES COMMON STOCK 350,000 350,000 RETAINED 113,800 86,300 EARNINGS TOTAL OWNER'S EQUITY ТОTAL LIABILITIES AND OWNER'S EQUITY
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Accounting Changes and Error Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS