Presented below are a number of balance sheet items for Marigold, Inc. for the current year, 2017. Goodwill Payroll taxes payable Bonds payable Discount on bonds payable Cash Land Notes receivable Notes payable (to banks) Accounts payable Retained earnings Income taxes receivable Unsecured notes payable (long-term) $215,800 71,100 505,800 37,100 66,800 356,800 166,300 270,700 352,800 ? 51,400 1,305,800 Accumulated depreciation-equipment Inventory Rent payable (short-term) Income tax payable Rent payable (long-term) Common stock, $1 par value Preferred stock, $25 par value Prepaid expenses Equipment Equity investments (trading) Accumulated depreciation-buildings Buildings $469,100 404,400 45,800 116,600 85,800 255,800 1,255,800 74,560 1,391,800 380,800 363,300 2,805,800

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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6
V
Ses for Later
MARIGOLD, INC.
Balance Sheet
Assets
Liabilities and Stockholders' Equity
Liabilities and Stockholders' Equity
000000
[
Transcribed Image Text:6 V Ses for Later MARIGOLD, INC. Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity 000000 [
Presented below are a number of balance sheet items for Marigold, Inc. for the current year, 2017.
Goodwill
Payroll taxes payable
Bonds payable
Discount on bonds payable
Cash
Land
Notes receivable
Notes payable (to banks)
Accounts payable
Retained earnings
Income taxes receivable
Unsecured notes payable (long-term)
$215,800
71,100
505,800
37,100
66,800
356,800
166,300
270,700
352,800
?
51,400
1,305,800
Accumulated depreciation-equipment
Inventory
Rent payable (short-term)
Income tax payable
Rent payable (long-term)
Common stock, $1 par value
Preferred stock, $25 par value
Prepaid expenses
Equipment
Equity investments (trading)
Accumulated depreciation-buildings
Buildings
$469,100
404,400
45,800
116,600
85,800
255,800
1,255,800
74,560
1,391,800
380,800
363,300
2,805,800
Transcribed Image Text:Presented below are a number of balance sheet items for Marigold, Inc. for the current year, 2017. Goodwill Payroll taxes payable Bonds payable Discount on bonds payable Cash Land Notes receivable Notes payable (to banks) Accounts payable Retained earnings Income taxes receivable Unsecured notes payable (long-term) $215,800 71,100 505,800 37,100 66,800 356,800 166,300 270,700 352,800 ? 51,400 1,305,800 Accumulated depreciation-equipment Inventory Rent payable (short-term) Income tax payable Rent payable (long-term) Common stock, $1 par value Preferred stock, $25 par value Prepaid expenses Equipment Equity investments (trading) Accumulated depreciation-buildings Buildings $469,100 404,400 45,800 116,600 85,800 255,800 1,255,800 74,560 1,391,800 380,800 363,300 2,805,800
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