Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings Less Accumulated Depreciation Trademark Total Assets NashAuto Supplies Balance Sheet December 31, 2021 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Common Stock Retained Earnings $ 39000 80000 99000 142000 182000 251000 $197000 (65000) 132000 142000 $1067000 Equity of liabilition to ho clarified as current liabilities is Total Liabilities and Stockholders $397000 332000 $ 129000 54000 155000 338000 729000 $1067000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Cash
Prepaid Insurance
Accounts Receivable
Inventory
Land Held for Investment
Land
Buildings
Less Accumulated
Depreciation
Trademark
Total Assets
NashAuto Supplies
Balance Sheet
December 31, 2021
Accounts Payable
Salaries and Wages Payable
Mortgage Payable
Total Liabilities
Common Stock
Retained Earnings
$ 39000
80000
99000
142000
182000
251000
$197000
(65000)
132000
142000
$1067000
Equity
of liabilitior to ho clarified as current liabilities is
Total Liabilities and
Stockholders
$397000
332000
$ 129000
54000
155000
338000
729000
$1067000
Transcribed Image Text:Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings Less Accumulated Depreciation Trademark Total Assets NashAuto Supplies Balance Sheet December 31, 2021 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Common Stock Retained Earnings $ 39000 80000 99000 142000 182000 251000 $197000 (65000) 132000 142000 $1067000 Equity of liabilitior to ho clarified as current liabilities is Total Liabilities and Stockholders $397000 332000 $ 129000 54000 155000 338000 729000 $1067000
The total dollar amount of liabilities to be classified as current liabilities is
O$183000.
$338000.
$54000.
Ⓒ$129000.
Transcribed Image Text:The total dollar amount of liabilities to be classified as current liabilities is O$183000. $338000. $54000. Ⓒ$129000.
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