Course Solutions Uncategorized (Answered) : Fill question marks: Balance sheet to December 31, 2015 Total assets Current assets Inventories Account receivables Cash Long-term

(Answered) : Fill question marks: Balance sheet to December 31, 2015 Total assets Current assets Inventories Account receivables Cash Long-term

Fill question marks: Balance sheet to December 31, 2015 Total assets Current assets Inventories Account receivables Cash Long-term assets Buildin Accumulated depreciation for Building Net: Building Land Total capital 920 Short-term liabilities 500 Note payable 300 Long-term liabilities ?Loans ? Owner’s Equity 1700 Common stock 2320 1000 800 250 Preferred stock ?Retained Earnings 600 Profit 344 Income statement December 31, 2016 Sales Cost of goods sold Salaries Administrative costs Energy Depreciation 2000 600 200 500 150 100 interest (5%) 20 Taxes (20 %) Balance sheet to December 31,2016 Total assets Current assets Inventories Account receivables Cash Long-term assets Building Accumulated

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