I-14.01 Worksheet

I-14.01 Worksheet - Name: I-14.01 Date: Section: (a) DEBT...

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Name: Date: Section: I-14.01 (a) DEBT OPTION: BRANFORD CORPORATION Balance Sheet August 15, 20X4 Assets Cash - $ Accounts receivable 250,000 Inventory 750,000 860,000 Total assets - $ Liabilities Accounts payable 125,000 $ Accrued liabilities 260,000 Notes payable - Total liabilities - $ Stockholders' equity Common stock, $5 par - $ Paid-in capital in excess of par - Retained earnings 310,000 Total stockholders' equity - Total Liabilities and equity - $ 1 of 6
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Name: Date: Section: I-14.01 COMMON STOCK OPTION: BRANFORD CORPORATION Balance Sheet August 15, 20X4 Assets Cash - $ Accounts receivable 250,000 Inventory 750,000 860,000 Total assets - $ Liabilities Accounts payable 125,000 $ Accrued liabilities 260,000 Notes payable - Total liabilities - $ Stockholders' equity Common stock, $5 par - $ Paid-in capital in excess of par - Retained earnings 310,000 Total stockholders' equity - Total Liabilities and equity - $ 2 of 6
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Name: Date: Section:
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I-14.01 Worksheet - Name: I-14.01 Date: Section: (a) DEBT...

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