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Use the following data to determine the total dollar amount of assets to be classified as current assets. Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Marigold Corp. Balance Sheet December 31, 2022 $226000 $67000 86500 149000 83000 193000 199500 (53500) 172500 Accounts payable Salaries and wages payable Bonds payable Total liabilities Common stock Retained earnings $126000 11100 161500 $298600 $309400 475500

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R S4 OH2 Required Information Nevertheless The FASB requires that income statement recognition of gains and losses from cither source be delayed Politically acceptable approach 0:00 /6:56 720p 1x CC Knowledge Check 01 Calder Company has a defined benefit pension plan. Pension-related data for the current calendar year are shown below: 12 years Average remaining service period of active employees Net gain, January 1 PBO, January 1 Plan assets, January 1 009 1,930,000 What is the amount of the amortization of the net loss or gain that should be included as a component of pension expense for the current year? Amortization of net gain Next > %24 F6 F4 F5 F3 F2 %23 8. 9 L 1. H.

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At December 31, 2027, available-for-sale debt securities for Sunland, Inc. are as follows. The securities are considered to be a long- term investment. Security ABC Cost Fair Value $17,200 $16,500 12,000 13,700 23,500 19,000 $52,700 $49,200

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15:58 0.00 N KB/S go.room.sh/?room=3ec0b922-e618- Question F Polk, after being in Bakery business för some years without keeping proper records, nowdecides to ke 2021 he establishes that his assetsand liabilities are as follows: Assets: Van £5,700, Fixtures £2,800, Stock £5,200, Debtors - PMullen £105, M Abel £311, Bank £1060, Cash £85. Liabilities: Creditors - Syme Ltd £229, A Hill£80.He is not sure about Journal entries for the following transactions in September 2021 as follows:Sep 1: A debt of £105 owing from P Mullen was written off as a bad debtSep 5: Office Fixtures originally bought by credit for £150 was returned to the supplier Syme Ltd., as it was unsuitable. Full allowance will be given for this.Sep 10: The business is owed £311 by M. Abel. He is declared bankrupt and we only received£180 cash in full settlement of the debt.Sep 18: Bought a Machinery from Brown Ltd. to use in the company. The total purchasing valueof the machine is £1,800. The owner paid £100 cash, £500 by…

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