What amount of total assets have been financed by the creditors and by the stockholders?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What amount of total assets have been financed by the creditors and by the stockholders? 

The following information for the year ended December 31, 2021, was reported by Nice E
Accounts Payable
Accounts Receivable
Cash (balance on January 1, 2021)
Cash (balance on December 31, 2021)
Common Stock
Dividends
Equipment
Income Tax Expense
Interest Expense
000
000
135,500
147,700
11,200
009
Inventory
Notes Payable
office Expense
Prepaid Rent
Retained Earnings (beginning)
Salaries and Wages Expense
000
15,400
8,100
11,800
36,800
159,800
Service Revenue
Utilities Expense
Salaries and Wages Payable
26,200
Other cash flow information:
Cash from issuing common stock
Cash paid to reacquire common stock
Cash paid for income taxes
Cash paid to purchase long-term assets
Cash paid to suppliers and employees
Cash received from customers
36,500
12,100
63,400
96,400
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Transcribed Image Text:The following information for the year ended December 31, 2021, was reported by Nice E Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense 000 000 135,500 147,700 11,200 009 Inventory Notes Payable office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense 000 15,400 8,100 11,800 36,800 159,800 Service Revenue Utilities Expense Salaries and Wages Payable 26,200 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers 36,500 12,100 63,400 96,400 ఆరం 65T Prev 12 13 of 13 Next
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