{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Weismuller Publishing Company - Total Assets $992,000...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Weismuller Publishing Company Balance Sheet @ December 31, 2011 Current Assets: Cash and Cash Equivalents $95,000 Short term Investment $110,000 A/R, net allow. For Uncoll.($16,000) $144,000 Inventory $285,000 Ppd Expenses $88,000 Total Current Assets $722,000 Property, Plant and Equipment: Machinery & Equipment $320,000 Less A/D ($110,000) Net P.P. &E. $210,000 Other Assets: Ppd Expenses $60,000
Image of page 1

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

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Total Assets $992,000 Current Liabilities: A/P $60,000 N/P $40,000 UnErnd Rev. $80,000 I/P $20,000 Tax Pay. $30,000 Maturity. of LT debt $20,000 Total Current Liab. $250,000 N/P $140,000 SH. Equity: Common Stock, no par value, 400,000 issued 800,000 sh authorized $400,000 R/E $202,000 Total sh. Eqity $602,000 Total Liability and sh holder equity $992,000...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern