ACC410 E5-12 - EXERCISE512 VivaldiCorporation BalanceSheet...

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EXERCISE 5-12 Vivaldi Corporation Balance Sheet December 31, 2010 Assets Current assets       Cash. ..................................................... $197,000       Trading securities. ................................. 153,000       Accounts receivable. ............................. $435,000              Less: Allowance for doubtful                  Accounts. ....................................   (25,000) 410,000       Inventories. ............................................  597,000              Total current assets. ....................... 1,357,000 Long-term investments       Investments in bonds. ............................ 299,000       Investments in stocks. ...........................   277,000               Total long-term investments. ......... 576,000 Property, plant, and equipment       Land. ...................................................... 260,000
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ACC410 E5-12 - EXERCISE512 VivaldiCorporation BalanceSheet...

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