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Find the current assets for the year-end for cs corporation

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Reference no: EM132326425

Question

Use the information below for the CS Corporation to answer the following questions.

Balance

Sheet Accounts of CS Corporation

Account

Balance 12/31/2014

Accumulated depreciation $3,060

Accounts payable $2,750

Accounts receivable $3,200

Cash $1,500

Common stock $6,250

Inventory $4,500

Long-Term debt $7,100

Plant, property, and equipment $14,800

Retained earnings $4,840

a) Find total assets for CS Corporation.

b) Find the current assets for the year-end for CS Corporation.

c) Find the value of equity for the year-end for CS Corporation.

Reference no: EM132326425

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