1. Using the accounts below, prepare a basic Balance Sheet. All accounts will be used once; refer to the 2-Yr Example F/S in Canvas for examples. 4 Accounts Payable Accounts Receivable Automobiles Buildings Cash 5 Common Stock Equipment Inventory Land Long-Term Bonds Payable Long-Term Note Payable Retained Earnings Short-term Note Payable Wages Payable Assets Liabilities Stockholders' Equity Assets Liabilities Stockholders' Equity $ $ $ $ $ Assets Liabilities Stockholders' Equity $ $ $ $ $ $ Fill in the missing blanks to make each Balance Sheet balance. 3 $ 10,000,000 ?? $ 8,000,000 $ $ $ 1,200 8,500 9,000 85,000 2,500 90,000 20,000 30,000 45,000 16,000 14,000 60,000 12,000 6,800 $ 5,000,000 $ 2,000,000 ?? ?? $ 4,000,000 $ 6,000,000

Quiz Module 1 Some of the following accounts may appear on more than one statement.  Would you please tell me what statement or statements they are on? 1) Net Income 2) End-of-period retained earnings balance 3) Net decrease in cash 4) End-of-period cash balance 5) Dividends payable 6) Retained Earnings 1/1 For the following could you please list the statment and if it is a real or nominal account? 1) Interest income 2) Bonds payable 3) Prepaid Insurance 4) Supplies on hand

The following items are reported on a company's balance sheet: Cash $274,700 Marketable securities 84,200 Accounts receivable 226,700 Inventory 210,400 Accounts payable 307,500 Round your answers to two decimal places. a.  Determine the current ratio.     fill in the blank 1 b.  Determine the quick ratio.     fill in the blank 2

Only typed answer  Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's   Multiple Choice   assets are $1,100.   liabilities are $1,100.   net worth is $300.   profit is $1,000.

Please categorize all

Account Titles Debit CreditCash $ 7Accounts Receivable 3Supplies 3Equipment 9Accumulated Depreciation $ 2Software 6Accumulated Amortization 2Accounts Payable 4Notes Payable (short-term) 0Salaries and Wages Payable 0Interest Payable 0Income Taxes Payable 0Deferred Revenue 0Common Stock 15Retained Earnings 5Service Revenue 0Depreciation Expense 0Amortization Expense 0Salaries and Wages Expense 0Supplies Expense 0Interest Expense 0Income Tax Expense 0Totals $ 28 $ 28Transactions during 2018 (summarized in thousands of dollars) follow:Borrowed $25 cash on July 1, 2018, signing a six-month note payable.Purchased equipment for $28 cash on July 2, 2018.Issued additional shares of common stock for $5 on July 3.Purchased software on July 4, $3 cash.Purchased supplies on July 5 on account for future use, $7.Recorded revenues on December 6 of $58, including $8 on credit and $50 received in…

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