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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...
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- Spring '12
- Balance Sheet, Current Liabilities, Generally Accepted Accounting Principles, Total Current Liabilities, Total Current Assets