Accumulated depreciation Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, $1 par, 100,000 shares outstanding Inventory Preferred stock, $59 par, 1,000 shares outstanding Marketable securities Investments Notes payable Capital paid in excess of par (common stock) Current Assets: Net accounts receivable Total current assets Other Assets: Fixed assets: Net plant and equipment Total assets Assets $382,000 105,000 18,000 167,000 52,000 731,000 39,000 11,000 100,000 67,000 59,000 27,000 22,000 40,000 94,000 Balance Sheet Liabilities and Stockholders' Equity Current Liabilities: Total current liabilities Long-term liabilities Total liabilities Stockholders' Equity: Total stockholders' equity Total liabilities and stockholders' equity

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question

Fill in blanks in proper balance sheet presentation 

Accumulated depreciation
Retained earnings
Cash
Bonds payable
Accounts receivable
Plant and equipment-original cost
Accounts payable
Allowance for bad debts
Common stock, $1 par, 100,000 shares outstanding
Inventory
Preferred stock, $59 par, 1,000 shares outstanding
Marketable securities
Investments
Notes payable
Capital paid in excess of par (common stock)
Current Assets:
Net accounts receivable
Total current assets
Other Assets:
Fixed assets:
Net plant and equipment
Total assets
Assets
$302,000
105,000
18,000
167,000
52,000
731,000
39,000
11,000
100,000
67,000
59,000
27,000
22,000
40,000
94,000
Balance Sheet
Liabilities and Stockholders' Equity
Current Liabilities:
Total current liabilities
Long-term liabilities
Total liabilities
Stockholders' Equity:
Total stockholders' equity
Total liabilities and stockholders' equity
Transcribed Image Text:Accumulated depreciation Retained earnings Cash Bonds payable Accounts receivable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, $1 par, 100,000 shares outstanding Inventory Preferred stock, $59 par, 1,000 shares outstanding Marketable securities Investments Notes payable Capital paid in excess of par (common stock) Current Assets: Net accounts receivable Total current assets Other Assets: Fixed assets: Net plant and equipment Total assets Assets $302,000 105,000 18,000 167,000 52,000 731,000 39,000 11,000 100,000 67,000 59,000 27,000 22,000 40,000 94,000 Balance Sheet Liabilities and Stockholders' Equity Current Liabilities: Total current liabilities Long-term liabilities Total liabilities Stockholders' Equity: Total stockholders' equity Total liabilities and stockholders' equity
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education