Selected accounts from Han Corporation’s trial balance are as follows. Han Corporation Trial Balance December 31 (Selected Accounts) Debit Credit Cash $150,000 Short-Term Marketable Securities 143,000 Accounts Receivable 25,000 Inventories 90,000 Other Current Assets 20,000 Land 310,000 Buildings 300,000 Accumulated Depreciation-Buildings $40,000 Equipment 143,000 Accumulated Depreciation-Equipment 15,000 Goodwill 40,000 Other Intangible Assets 20,000 Prepare the detailed schedule showing the Property, Plant, and Equipment. Property, Plant, and Equipment, Net $fill in the blank 2 fill in the blank 4 fill in the blank 6 Gross Property, Plant, and Equipment $fill in the blank 7 fill in the blank 9 Total Property, Plant, and Equipment, Net $fill in the blank 10
Selected accounts from Han Corporation’s trial balance are as follows. Han Corporation Trial Balance December 31 (Selected Accounts) Debit Credit Cash $150,000 Short-Term Marketable Securities 143,000 Accounts Receivable 25,000 Inventories 90,000 Other Current Assets 20,000 Land 310,000 Buildings 300,000 Accumulated Depreciation-Buildings $40,000 Equipment 143,000 Accumulated Depreciation-Equipment 15,000 Goodwill 40,000 Other Intangible Assets 20,000 Prepare the detailed schedule showing the Property, Plant, and Equipment. Property, Plant, and Equipment, Net $fill in the blank 2 fill in the blank 4 fill in the blank 6 Gross Property, Plant, and Equipment $fill in the blank 7 fill in the blank 9 Total Property, Plant, and Equipment, Net $fill in the blank 10
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Selected accounts from Han Corporation’s
| Han Corporation | ||
| Trial Balance | ||
| December 31 | ||
| (Selected Accounts) | ||
| Debit | Credit | |
| Cash | $150,000 | |
| Short-Term Marketable Securities | 143,000 | |
| 25,000 | ||
| Inventories | 90,000 | |
| Other Current Assets | 20,000 | |
| Land | 310,000 | |
| Buildings | 300,000 | |
| $40,000 | ||
| Equipment | 143,000 | |
| Accumulated Depreciation-Equipment | 15,000 | |
| 40,000 | ||
| Other Intangible Assets | 20,000 |
Prepare the detailed schedule showing the Property, Plant, and Equipment.
| Property, Plant, and Equipment, Net | |
| $fill in the blank 2 | |
| fill in the blank 4 | |
| fill in the blank 6 | |
| Gross Property, Plant, and Equipment | $fill in the blank 7 |
| fill in the blank 9 | |
| Total Property, Plant, and Equipment, Net | $fill in the blank 10 |
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