02-19Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 2-19 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the column to the right of an incorrect answer. POLARIS REALTY INC. Balance Sheet November 30, 2011 Assets Total assets Liabilities Stockholders' Equity Total liabilities and stockholders' equity Instructions
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Exercise 2-19 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds.
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Unformatted text preview: Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the column to the right of an incorrect answer. POLARIS REALTY INC. Balance Sheet November 30, 2011 Assets Cash $38,000 Land 42,000 Total assets $80,000 Liabilities Notes payable $35,000 Stockholders' Equity Capital stock $25,000 Retained earnings 20,000 45,000 Total liabilities and stockholders' equity $80,000 Instructions...
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02-19Ex_5e_s - Cells with non-gray backgrounds are...

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