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etenalCash | $ 80,000 | Accounts payable | $ 75,000 |
Accounts receivable (net) | 52,200 | Long-term liabilities | 100,000 |
Inventories | 57,000 | Stockholders' equity | 218,500 |
Investments | 76,300 |
|
|
Equipment (net) | 96,000 |
|
|
Patents |
|
|
|
| $393,500 |
| $393,500 |
(a) accounts receivable debit balances $60,000;
(b) accounts receivable 0; and
(c) allowance for doubtful accounts $3,800.
11 years ago
5
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