Test three practice test

Test three practice test - Excell Corporation Balance Sheet...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

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

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Excell Corporation Balance Sheet Determine if the following balance sheet items are: Assets Liabilities Equity Place an X in the appropriate box. Assets Liabilities Equity Account receivable, net 177,538 Investments in unconsolidated subs. 33,728 Cash 115,397 Marketable securities -short term 38,008 Taxes payable 24,370 Notes payable 7,850 Pension and OPEM liabilities 743,779 Retained earnings 436,752 Inventories 204,362 Accounts payable 138,662 Current maturities of long-term debt 30,440 Long-term debt 507,329 Marketable securities -long term 5,931 Goodwill 6,550 Common stock 413,783 Additional paid in capital 19,208 Treasury stock (201,438) Property, plant & equipment 1,539,221 Excell Corporation Balance Sheet Determine if the following balance sheet items are: Operating assets Financial assets Operating liabilites Financial liabilties Equity Place an X in the appropriate box. Assets Liabilities Equity Operating Financial Operating Financial Account receivable, net 177,538 Accounts payable 138,662 Additional paid in capital 19,208 Cash 115,397...
View Full Document

{[ snackBarMessage ]}

Page1 / 6

Test three practice test - Excell Corporation Balance Sheet...

This preview shows document pages 1 - 3. Sign up to view the full document.

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