The total dollar amount of assets to be classified as investments is $84200. $0. $70200. $174100.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following information is for Waterway Real Estate:
Cash
Prepaid Insurance
Accounts Receivable
Inventory
Land Held for Investment
Land
Buildings
Less Accumulated
Depreciation
Trademark
Total Assets
$99800
$84200.
$0.
$70200.
$174100.
(19700)
Waterway Real Estate
Balance Sheet
December 31, 2020
$ 25200
29600
50500
70200
84200
119500
80100
70600
$529900
Accounts Payable
Salaries and Wages Payable
Mortgage Payable
Total Liabilities
Owner's Capital
Total Liabilities and
Owner's Equity
The total dollar amount of assets to be classified as investments is
$ 61000
15000
86500
162500
367400
$529900
Transcribed Image Text:The following information is for Waterway Real Estate: Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings Less Accumulated Depreciation Trademark Total Assets $99800 $84200. $0. $70200. $174100. (19700) Waterway Real Estate Balance Sheet December 31, 2020 $ 25200 29600 50500 70200 84200 119500 80100 70600 $529900 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Owner's Capital Total Liabilities and Owner's Equity The total dollar amount of assets to be classified as investments is $ 61000 15000 86500 162500 367400 $529900
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