Liabilities, Owners' Equity, Warranty Expense Estimates, and Issuance of Securities
Assessment 4
Section 1
Part 1: Current Liabilities
(a)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(b)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Part 2: Long-Term Liabilities
|
(a) |
Jenkins Co. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net amount of cash received |
|
|
(b) |
Redwood Co. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bond discount on issue late |
|
|
|
(c) |
Crenshaw Building Supply Co. |
|
|
|
|
Maturities and sinking fund requirements on long-term debt |
||
|
|
for the next five year are as follows: |
||
|
2020 |
$ |
2023 |
$ |
|
2021 |
$ |
2024 |
$ |
|
2022 |
$ |
|
|
|
(d) |
Sarah’s Pies Inc. |
|
|
|
|
|
Part 3: Equity Transactions
REYNOLD’S COMPANY
Stockholders’ Equity
December 31, 2018
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1