The bookkeeper for Benson's Country Music Bar left this incomplete balance sheet. Benson's working capital is $105,000 and its debt to assets ratio is 30 percent.
Complete the balance sheet by supplying the missing amounts.
Accounts receivable 35,000
Prepaid expenses 12,000
Total current assets
Less: Accumulated depreciation(49,000)
Total long-term assets 226,000
Liabilities and Stockholders' Equity
Notes payable 6,000
Income tax payable 10,000
Total current liabilities 36,900
Common stock 101,000
Total stockholders' equity
Total liabilities and stockholders' equity
Please provide the amounts for the bolded items please.
Recently Asked Questions
- what continent is not part of the ecumene, thats the question but course hero wants the question to be longer so I'm typing this just so it'll let me post the
- 1.In what ways do teams differ from groups? What factors contribute to a team? When have you worked in a team? What was your experience like?
- 1) Using a closed gas filled syringe as an example (diagram below), use Boyle's Law to describe what happens to the gas molecules in the syringe. 2) Draw the