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Unformatted text preview: N/A 200 Total Assets $5,000 $2,100 XXXX Liabilities: Accounts Pay. $900 $500 Notes Payable 1,000 200 Total Liabilities $1,900 $700 XXXX Owners' Equity: Contributed Capital $1,700 $900 Retained Earnings 1,400 $500 Total Owners' Equity $3,100 $1,400 XXXX Required: prepare appropriate consolidated balance sheet account balances based on the information provided here. Add extra lines for data if needed. The totals/subtotals will not be graded. That is why the XXX appear where they do....
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This note was uploaded on 04/20/2008 for the course BUAD 250A taught by Professor 10:00-10:50 during the Fall '06 term at USC.
- Fall '06