jenstets05
jenstets05
20.09.2019 • 
Business

Account title amount account title amt accounts payable $ 204,975 income taxes payable 78,000 accounts receivable 259,200 interest payable 2,850 accum. depreciation - building - 391,500 inventory 790,125 additional paid-in capital 81,900 land 232,500 allowance for doubtful accounts 3,900 notes payable-short-term 96,000 notes receivable due in 6 months. 69,000 bonds payable (due 2025) 600,000 preferred stock 375,000 buildings 963,000 prepaid insurance 28,125 cash 85,125 salaries and wages payable 17,100 common stock 562,500 supplies 18,900 copyrights 96,450 trading securities 36,300 debt investments (long-term) 140,700 retained earnings 306,000 requirements: prepare the stockholders' equity section of a classified balance sheet for victor company using the report form. include all headings, subheading, subtotals, and totals (with labels) that appear on a classified balance sheet.

Solved
Show answers

Ask an AI advisor a question