Chapter 02 (09-03) - Balance Sheet Preparation It is...

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Balance Sheet Preparation It is possible to prepare a balance sheet at any point in time from the balances in the accounts. Balance Sheet
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January 31, December 28, 2007 2006 ASSETS Current assets Cash 15,000 $ 13,000 $ Accounts receivable 23,000 23,000 Supplies 27,000 27,000 Prepaid expenses 8,000 8,000 Other current assets 14,000 14,000 Total current assets 87,000 85,000 Long-term investments 2,000 1,000 Property, and equipment (net of accumulated depreciation of $189,000) 208,000 198,000 Long-term notes receivable 15,000 12,000 Intangibles 67,000 67,000 Other assets 17,000 17,000 Total assets 396,000 $ 380,000 $ Papa John's International, Inc. and Subsidiaries Consolidated Balance Sheet (dollars in thousands) The Asset Section of a Classified Balance Sheet
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January 31, December 28, 2007 2006 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable 29,000 $ 29,000 $ Dividends payable 3,000 - Accrued expenses payable 73,000 73,000 Total current liabilities 105,000 102,000
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Chapter 02 (09-03) - Balance Sheet Preparation It is...

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