Chapter 5, final submssion

Chapter 5, final submssion - Chapter 5 part 1(questions...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 5 part 1 (questions 6,13,15,16,17,18, BE5-1, BE5-9, BE5-10, BE5-12) 6) Liquidity is the ability to generate cash. a- Goodwill: 3 b- Inventories: 2 c- Buildings: 4 d- Short-term investments: 2 e- Accounts receivable: 1 13) $ 20,000,000 15) a- Current assets/ prepaid expenses b- Current Liabilities/ accounts payable c- Assets, Property, plant and equipment/ Land d- current assets/ cash e) Liabilities/ bonds payable f) Intangible assets/ Copyrights g) Current assets/ Cash h) Stockholders’ equity/ Paid in Capital Stock i) Long term investments/ Investments 16) a) Current assets b) Stockholders Equity c) Current Liabilities d) Current assets e) Current asset f) Current asset g) Current asset h) Contra-asset i) Current asset 17) 18) The building for the lessee is a future probable economic benefits because he can use the building for his o BE5-1 Harding Corporation Balance Statement Dec 31 2010 Current Assets Cash $30,000.00 Accounts receivables 110000.00 Inventory 290000.00 Prepaid insurance
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/14/2011 for the course ACCT 3202 taught by Professor Kenmichael during the Spring '11 term at University of Minnesota Duluth.

Page1 / 8

Chapter 5, final submssion - Chapter 5 part 1(questions...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online