This document presents a company's balance sheet with current assets of $4,400 including cash, bank accounts, customer accounts, and inventory. Non-current assets include property, plant, and equipment of $3,000 and other assets of $550. Total assets are $7,950. Current liabilities are $2,606 including supplier, bank loan, investment, and tax obligations. Non-current liabilities are $1,500 of notes and mortgages payable. Total liabilities are $4,106. Equity includes $3,000 of common stock and $1,533 of retained earnings. Total liabilities and equity are $7,950.
This document presents a company's balance sheet with current assets of $4,400 including cash, bank accounts, customer accounts, and inventory. Non-current assets include property, plant, and equipment of $3,000 and other assets of $550. Total assets are $7,950. Current liabilities are $2,606 including supplier, bank loan, investment, and tax obligations. Non-current liabilities are $1,500 of notes and mortgages payable. Total liabilities are $4,106. Equity includes $3,000 of common stock and $1,533 of retained earnings. Total liabilities and equity are $7,950.
This document presents a company's balance sheet with current assets of $4,400 including cash, bank accounts, customer accounts, and inventory. Non-current assets include property, plant, and equipment of $3,000 and other assets of $550. Total assets are $7,950. Current liabilities are $2,606 including supplier, bank loan, investment, and tax obligations. Non-current liabilities are $1,500 of notes and mortgages payable. Total liabilities are $4,106. Equity includes $3,000 of common stock and $1,533 of retained earnings. Total liabilities and equity are $7,950.
notes receivable accounts payables notespayble mortgages payable customers retained earnings nk loans S.T COMMON STOCK
invesment short term
ASSETS LIABILITIES AND EQUITY Current Assets Current Liabilities cash $ 200.00 suppliers bank $ 1,000.00 bank loans customers $ 1,000.00 invesment short term Inventory $ 2,200.00 income tax payable $ 4,400.00 notes receivable accounts payables retained earnings Total Current assets Non Current Liabilities Non Current Assets notes payble PROPERTY, PLANT AND EQUIPMENT NET $ 3,000 Mortgages payable Total Liabilities Stockholder Equity other assets $ 550.00 UTILITY LEGAL RESERVE net income for the year
Total Assets $ 7,950 Toatal Liabilities and Equity