TOTAL NON CURRENT ASSETS
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
WHAT IS THE TOTAL NON CURRENT ASSETS 2021?
![52,200
80,000
40,000
4,000
1,500
100,000
25,000
15,000
268,000
16,500
4,800
45,000
3,000
12,000
30,000
70,000
150,000
15,000
38,000
7,600
20,000
4,000
60,000
55,000
150,000
200,000
6,200
1,200
200,000
150,000
15,000
105,000
Cash on hand
Time deposit (180-day)
Notes receivable (6 months)
Prepaid rent
Supplies and stationeries
Held for trading securities
Goodwill
Patents
Inventories
Long-term advances to officers
Accrued interest on notes receivable
Accounts receivable - trade
Allowance for doubtful accounts
Cash surrender value of life insurance
Preference shares of another corporation (FVOCI)
Land
Store building
Accumulated depreciation - store building
Delivery equipment
Accumulated depreciation - delivery equipment
Office furniture and equipment
Accumulated depreciation - office furniture and equipment
Notes payable - trade
Accounts payable - trade
Bonds payable (10 years, principal payable equally annually)
Mortgage payable, due 2026
Accrued expenses
SSS/Philhealth/Pag-ibig premiums payable
Ordinary share capital, P10 par
Preference share capital, P100 par
Preference share premium
Retained earnings](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5c81ad1-b15e-47aa-8cc9-6373b5c94bbb%2Fe2d04a06-432c-4677-86fe-9dddb525e069%2F2lk0b9f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:52,200
80,000
40,000
4,000
1,500
100,000
25,000
15,000
268,000
16,500
4,800
45,000
3,000
12,000
30,000
70,000
150,000
15,000
38,000
7,600
20,000
4,000
60,000
55,000
150,000
200,000
6,200
1,200
200,000
150,000
15,000
105,000
Cash on hand
Time deposit (180-day)
Notes receivable (6 months)
Prepaid rent
Supplies and stationeries
Held for trading securities
Goodwill
Patents
Inventories
Long-term advances to officers
Accrued interest on notes receivable
Accounts receivable - trade
Allowance for doubtful accounts
Cash surrender value of life insurance
Preference shares of another corporation (FVOCI)
Land
Store building
Accumulated depreciation - store building
Delivery equipment
Accumulated depreciation - delivery equipment
Office furniture and equipment
Accumulated depreciation - office furniture and equipment
Notes payable - trade
Accounts payable - trade
Bonds payable (10 years, principal payable equally annually)
Mortgage payable, due 2026
Accrued expenses
SSS/Philhealth/Pag-ibig premiums payable
Ordinary share capital, P10 par
Preference share capital, P100 par
Preference share premium
Retained earnings
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education