Chapter 2, Problem 2.6APIR

1.

To determine

The amount of accounts receivable reported in Company A’s financial statement.

2.

To determine

The amount of accounts payable reported in Company A’s financial statement.

3.

To determine

Other some possible liabilities included in accrued expenses.

4.

To determine

The amount of common stock that is reported in the balance sheet.

5.

To determine

The company’s total assets is equal to the total liabilities plus stockholders’ equity.

6.

To determine

The net sales of the Company A that is reported in its income statement.

7.

To determine

To list: The expenses that are listed in the Company A’s income statement.

8.

To determine

The amount of total revenues that exceeds total expenses.