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Chapter13_CheckFigures

Chapter13_CheckFigures - P13-35 – Total liabilities =...

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Advanced Accounting Eighth Edition by Hoyle/Schaefer/Doupnik Key Figures in Selected Problems (Check figures for multiple choice questions not provided.) CHAPTER 13 P13-22 – Free assets = $111,000 P13-23 – Holders of unsecured accounts payable are paid nothing. P13-24 – Unsecured liabilities = $280,000 P13-25 – Free assets = $60,000 P13-26 – Total unsecured liabilities = $330,000 P13-27 – Total unsecured liabilities = $500,000 P13-28 – Payment on note payable B = $60,000 P13-29 – Liabilities with priority = $32,000 P13-30 – Unsecured liabilities = $210,000 P13-32 – Goodwill = $60,000 P13-33 – Reorganization items = ($148,000) P13-34c – Goodwill is no longer amortized but checked each year for impairment
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Unformatted text preview: P13-35 – Total liabilities = $615,000 P13-36 – Goodwill = $45,000 P13-37 – Goodwill = $147,000 P13-38 – Total unsecured debts = $360,000 P13-39 – Estimated deficiency = $21,000 P13-40 – Free assets = $70,000 P13-41 – Additional paid-in capital = $37,000 P13-42 – Final cash balance for unsecured creditors = $214,000 P13-43 – Goodwill = $27,000 P13-44 – Estimated deficiency = $47,000 P13-45 – Liabilities with priority = $22,000 P13-46 – Final cash balance for unsecured creditors = $81,000 P13-47 – Additional paid-in capital = $25,200...
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