Dansko Integrated Balance Sheet As of January 24, 2023 (amounts in thousands) Cash Accounts Receivable Inventory Property Plant & Equipment 16,800 Other Assets 1,600 9,900 4,500 3,800 Accounts Payable Debt Other Liabilities Total Liabilities Paid-In Capital Retained Earnings Total Equity 2,700 3,500 1,000 7,200 8,000 21,400 29,400 36,600 Total Liabilities & Equity 36,600 Total Assets Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts for the T-accounts, and construct a balance sheet to answer the question. Jan 25. Pay $4,000 owed to a supplier Jan 26. Issue $90,000 in stock Jan 27. Buy $16,000 worth of manufacturing supplies on credit Jan 28. Purchase equipment for $49,000 in cash Jan 29. Borrow $65,000 from a bank What is the final amount in Total Equity?

the balance sheets for Plasma Screens Corporation and additional information are provided below.  PLASMA SCREENS CORPORATIONBalance SheetsDecember 31, 2021 and 2020   2021   2020   Assets                 Current assets:                 Cash $ 242,000     $ 130,000     Accounts receivable   98,000       102,000     Inventory   105,000       90,000     Investments   5,000       3,000     Long-term assets:                 Land   580,000       580,000     Equipment   890,000       770,000     Less: Accumulated depreciation   (528,000 )     (368,000 )   Total assets $ 1,392,000     $ 1,307,000     Liabilities and Stockholders' Equity                 Current liabilities:                 Accounts payable $ 109,000     $ 95,000     Interest payable   7,000       13,000     Income tax payable   9,000       6,000     Long-term liabilities:                 Notes payable   110,000       220,000     Stockholders' equity:                 Common stock…

The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Assets     Liabilities and Equity   Cash and equivalents $ 15    Accounts payable $ 100 Accounts receivable   515    Accruals   220 Inventories   830    Notes payable   230   Total current assets $ 1,360      Total current liabilities $ 550 Net plant and equipment   2,550    Long-term bonds   1,500            Total liabilities $ 2,050          Common stock (100 million shares)   260          Retained earnings $ 1,600            Common equity $ 1,860 Total assets $ 3,910    Total liabilities and equity $ 3,910 Davidson Corporation: Income Statement for Year Ending December 31, 2018 (Millions of Dollars) Sales $ 6,000 Operating costs excluding depreciation and amortization   3,780 EBITDA $ 2,220 Depreciation and amortization   420 EBIT $ 1,800 Interest   164 EBT $ 1,636 Taxes…

Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $35,479 Accounts receivable 69,658 Accrued liabilities 6,342 Cash 21,866 Intangible assets 40,636 Inventory 81,299 Long-term investments 116,464 Long-term liabilities 78,760 Marketable securities 34,728 Notes payable (short-term) 21,173 Property, plant, and equipment 607,986 Prepaid expenses 2,827 Based on the data for Harding Company, what is the amount of quick assets? a.$56,594 b.$126,252 c.$1,510,965 d.$745,879

The comparative statement of financial position of Concord Corporation as at December 31, 2023, follows: Assets Cash Accounts receivable Equipment CONCORD CORPORATION Statement of Financial Position December 31 Less: Accumulated depreciation Total Liabilities and Shareholders' Equity Accounts payable 2023 December 31 $53,000 90,000 26,300 (9,300) $160,000 $20,000 2022 $1,400 88,700 21,600 (11,300) $100,400 $10,000

Subject: acounting

On January 1, 2025, Artic Inc. had the following balance sheet: Cash Total Debt investments (available-for-sale) 363,000 $434,000 Assets Interest revenue ARTIC INC. BALANCE SHEET AS OF JANUARY 1, 2025 ARTIC INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2025 $11,000 Gain on sale of investments Net income $71,000 Common stock (a) The accumulated other comprehensive income related to unrealized holding gains on available-for-sale debt securities. The fair value of Artic Inc.'s available-for-sale debt securities at December 31, 2025, was $310,000; its cost was $277,000. No debt securities were purchased during the year. Artic Inc.'s income statement for 2025 was as follows: (Ignore income taxes.) 28,000 $39,000 (Assume all transactions during the year were for cash.) Accumulated other comprehensive income Total Equity $389,000 Debit 45,000 $434,000 Prepare the journal entry to record the sale of the available-for-sale debt securities in 2025. (Credit account titles are…

Condensed financial data of Granger Inc. follow. Assets Cash Accounts receivable Inventory Prepaid expenses Long-term investments Plant assets GRANGER INC. Comparative Balance Sheets December 31 Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total 2022 $80,800 87,800 112,500 28,400 138,000 285,000 (50,000) $682,500 $102,000 16,500 110,000 220,000 234,000 $682,500 2021 $48,400 38,000 102,850 26,000 109,000 242,500 (52,000) $514,750 $67,300 21,000 146,000 175,000 105,450 $514,750

Condensed financial data of Larkspur, Inc. follow. Larkspur, Inc.Comparative Balance SheetsDecember 31 Assets   2022   2021 Cash   $105,900     $47,000   Accounts receivable   92,700     33,100   Inventory   112,800     101,000   Prepaid expenses   29,200     25,500   Long-term investments   139,400     114,200   Plant assets   274,500     241,400   Accumulated depreciation   (46,800 )   (52,400 )    Total   $707,700     $509,800                 Liabilities and Stockholders’ Equity             Accounts payable   $111,900     $67,800   Accrued expenses payable   16,000     17,300   Bonds payable   117,200     149,500   Common stock   219,100     175,300   Retained earnings   243,500     99,900      Total   $707,700     $509,800     Larkspur, Inc.Income StatementFor the Year Ended December 31, 2022 Sales revenue       $392,600 Less:…

Quantitative Problem: Rosnan Industries' 2022 and 2021 balance sheets and income statements are shown below. Balance Sheets:   2022   2021 Assets     Cash and equivalents $ 100     $ 85   Accounts receivable   275       300   Inventories   375       250         Total current assets $ 750     $ 635   Net plant and equipment   2,300       1,490   Total assets $ 3,050     $ 2,125             Liabilities and Equity         Accounts payable $ 150     $ 85   Accruals   75       50   Notes payable   150       75         Total current liabilities $ 375     $ 210   Long-term debt   450       290         Total liabilities $ 825     $ 500   Common stock   1,225       1,225   Retained earnings   1,000       400         Total common equity $ 2,225     $ 1,625   Total liabilities and equity $ 3,050     $ 2,125   Income Statements:   2022   2021 Sales $ 2,405     $ 1,585   Operating costs excluding depreciation   1,250       1,000   EBITDA $…