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  • Browning Manufacturing Company Projected Balance Sheet As of December 31, 2006

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    Sekar Wiridiana
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    The document is a projected balance sheet for Browning Manufacturing Company as of December 31, 2006. It lists the company's assets, which include current assets like cash, accounts receivable, inventory, and long-term assets like manufacturing plant equipment. It also lists the company's liabilities, which include current liabilities like accounts payable and notes payable, as well as shareholders' equity portions of the balance sheet like capital stock and retained earnings. The balance sheet projects the company's financial position at the end of 2006.

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    Browning Company Case Solution

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    Browning Company

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    The document is a projected balance sheet for Browning Manufacturing Company as of December 31, 2006. It lists the company's assets, which include current assets like cash, accounts receivable, inventory, and long-term assets like manufacturing plant equipment. It also lists the company's liabilities, which include current liabilities like accounts payable and notes payable, as well as shareholders' equity portions of the balance sheet like capital stock and retained earnings. The balance sheet projects the company's financial position at the end of 2006.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    16 views2 pages

    Browning Manufacturing Company Projected Balance Sheet As of December 31, 2006

    Uploaded by

    Sekar Wiridiana
    The document is a projected balance sheet for Browning Manufacturing Company as of December 31, 2006. It lists the company's assets, which include current assets like cash, accounts receivable, inventory, and long-term assets like manufacturing plant equipment. It also lists the company's liabilities, which include current liabilities like accounts payable and notes payable, as well as shareholders' equity portions of the balance sheet like capital stock and retained earnings. The balance sheet projects the company's financial position at the end of 2006.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Browning

    Manufacturing Company
    Projected Balance Sheet
    as of December 31, 2006
    Assets
    Current Assets:
    Cash and Marketeble Securities
    Account Receivable (net Allowance for Doubtfull Account)
    Inventories :
    Materials
    Work in Process
    Finished goods
    Supplies
    Prepaid Taxes and Insurance
    Total Current Assets
    Other Assets:
    Manufacturing Plant
    Less: Accumulated Depreciation
    Total Assets
    Liabilities and Shareholders' Equity
    Current Liabilities:
    Account Payable
    Notes Payable
    Income Tax Payable
    Total Current Liabilities
    Shareholders' Equity
    Capital Stock
    Reatained Earnings
    Total Liabilities and Shareholders' Equity

    ompany

    eet
    006

    $ 443,640.00
    201,430

    $ 124,520.00
    210,448

    352,368

    22,080 709,416

    91,920
    1,446,406
    2,822,400
    1,047,600 1,774,800
    3,221,206

    $ 288,360.00
    552,840

    5,800
    $ 847,000.00
    1,512,000
    862,136

    2,374,136
    $ 3,221,136.00

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