This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: $36,000 Total assets $1,354,200 Liabilities and Stockholders' Equity Current liabilities Accounts payable $148,000 Notes payable, investment $94,000 Accured expenses $49,200 Total current liabilities 291,200 Long-term Debt 10 years 8% bond, due Jan 01, 2018 $400,000 Uammortized discount on bond payable $20,000 Total long term debt 380,000 Stockholder' equity Common stock, $1 par, authorized 600,000 shares, issued and outstanding 500,000 500,000 Premium on common stock 45,000 545,000 Retained earninings 138,000 Total stockholder's equity 683,000 Total liabilities and stockholder's equity 1,354,200...
View Full Document
This note was uploaded on 03/01/2012 for the course ACC all taught by Professor All during the Spring '12 term at University of Phoenix.
- Spring '12
- Balance Sheet