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girly37
girly37
01.10.2019 • 
Business

The following accounts appeared on the trail balance of elbert company at december 31, 2017 notes payable (short-term) accumulated depreciation bldg supplies salaries and wages payable debt investments (long-term) cash bonds payable due 1/1/2025 allowance for doubtful accts copyrights notes receivable (due in 6 months) 138,000 accounts payable income taxes payable preferred stock appropriated retained earnings $518,400 56,250 1,125,000 318,000 1,580,250 465,000 73,200 5,700 1,926,000 409,950 163,800 $192,000 accounts receivable 783,000 prepaid insurance 37,800 common stock 34,200 unappropriated retained earnings 281,400 inventory 170,250 land 1,200,000 trading securities 7,800 interest payable 192,900 buildings 156,000 750,000 294,000 additional paid-in capital compute each of the following: 1 total current assets 2. total property, plant, and equipment s 3. total assets 4. total current liabilities 5. total stockholders' equity

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