The following is a partial listing of accounts for Euisara, Inc., for the year ended December 31, 2010.
Required:
Prepare a balance sheet in good format for December 31, 2010.
Finished Goods | $ 9,718 |
Current Maturities of Long-Term Debt | 1,257 |
Accumulated Depreciation | 9,980 |
Accounts Receivable | 24,190 |
Sales Revenue | 127,260 |
Treasury Stock | 251 |
Prepaid Expenses | 2,199 |
Deferred Taxes (long-term liability) | 8,506 |
Interest Expense | 2,410 |
Allowance for Doubtful Accounts | 915 |
Retained Earnings | 18,951 |
Raw Materials | 9,576 |
Accounts Payable | 19,021 |
Cash and Cash Equivalents | 8,527 |
Sales Salaries Expense | 872 |
Cost of Goods Sold | 82,471 |
Investment in Unconsolidated Subsidiaries | 3,559 |
Income Taxes Payable | 8,356 |
Work In Process | 1,984 |
Additional Paid-In Capital | 9,614 |
Equipment | 41,905 |
Long-Term Debt | 15,258 |
Rent Income | 2,468 |
Common Stock | 3,895 |
Notes Payable (short-term) | 6,156 |
Income Tax Expense | 2,461 |
11 years ago
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