repare a 2024 balance sheet for Willis Corporation based on the following information: Cash = $128,000; Patents and opyrights $630,000; Accounts payable = $210,500; Accounts receivable = $100,000; Tangible net fixed assets = $1,620,000; Inventory = $293,500; Notes payable = $165,000; Accumulated retained earnings = $1,276,000; Long-term lebt = $846,000. Note: Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations. Current assets Total assets Assets WILLIS CORPORATION Balance Sheet Liabilities and Equity Current liabilites Total liabilities Total liabilities & owners' equity
repare a 2024 balance sheet for Willis Corporation based on the following information: Cash = $128,000; Patents and opyrights $630,000; Accounts payable = $210,500; Accounts receivable = $100,000; Tangible net fixed assets = $1,620,000; Inventory = $293,500; Notes payable = $165,000; Accumulated retained earnings = $1,276,000; Long-term lebt = $846,000. Note: Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations. Current assets Total assets Assets WILLIS CORPORATION Balance Sheet Liabilities and Equity Current liabilites Total liabilities Total liabilities & owners' equity
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter3: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
Problem 19SP
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