FinAcc1-5

FinAcc1-5 - Note 1 - Cash Cash on hand 50,000 Cash in bank...

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Unformatted text preview: Note 1 - Cash Cash on hand 50,000 Cash in bank 650,000 700,000 Note 2 - Trade and other receivables Accounts receivable 650,000 Allowance for doubtful accounts ( 50,000) Notes receivable 200,000 Accrued interest receivable 30,000 Total 830,000 Note 3 - Property, plant and equipment Accum. Book Cost depr. value Land 1,000,000 - 1,000,000 Building 5,500,000 2,500,000 3,000,000 Furniture and equipment 2,400,000 900,000 1,500,000 Total 8,900,000 3,400,000 5,500,000 Note 4 - Intangible asset Patent 370,000 Note 5 - Trade and other payables Accounts payable 1,000,000 Notes payable 850,000 Accrued taxes...
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FinAcc1-5 - Note 1 - Cash Cash on hand 50,000 Cash in bank...

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