Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: $193,000; patents and copyrights = $847,000; accounts payable = $296,000; accounts receivable = $ cash $189,000; accumulated 253,000; tangible net fixed assets = $5,100,000; inventory = $538,000; notes payable retained earnings = $4,586, 000; long-term debt = $1,250,000. = =
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: $193,000; patents and copyrights = $847,000; accounts payable = $296,000; accounts receivable = $ cash $189,000; accumulated 253,000; tangible net fixed assets = $5,100,000; inventory = $538,000; notes payable retained earnings = $4,586, 000; long-term debt = $1,250,000. = =
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 10MC
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![Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information:
$193,000; patents and copyrights = $847,000; accounts payable = $296,000; accounts receivable = $
cash
$189,000; accumulated
253,000; tangible net fixed assets = $5,100,000; inventory = $538,000; notes payable
retained earnings = $4,586, 000; long-term debt = $1,250,000.
=
=](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f39f696-5201-41e6-8006-f350a0900d53%2F57654d64-828f-4b10-af24-9987107ebf5f%2Fw6325rw_processed.png&w=3840&q=75)
Transcribed Image Text:Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information:
$193,000; patents and copyrights = $847,000; accounts payable = $296,000; accounts receivable = $
cash
$189,000; accumulated
253,000; tangible net fixed assets = $5,100,000; inventory = $538,000; notes payable
retained earnings = $4,586, 000; long-term debt = $1,250,000.
=
=
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