Prepare the current assets section of the balance sheet

Reference no: EM13256635

A list of financial statement items for Schweitz Companyincludes the following:

accounts receivable $14,000; prepaid insurance $3,300; cash$12,400; supplies $3,800, and short-term investments $8,200. Prepare the current assets section of the balance sheet listing the items in the proper sequence.

Reference no: EM13256635

Questions Cloud

Tax liability or tax benefit : what willbe overall effect on net income after tax if the tax rate is 30%? Assume that any tax liability or tax benefit will be taken in the current year.

Explain octane reacts with oxygen in a combustion reaction : Using the following equation for the combustion of octane (C8H18) , calculate the heat of reaction (enthalpy change) when 100.0 g of octane C8H18 reacts with oxygen in a combustion reaction. The molar mass of octane is 114.33 g/mole.

What is the company days sales in receivables : A company has net income of $188,000, a profit margin of 10.00 percent, and an accounts receivable balance of $106,557. Assuming 77 percent of sales are on credit, what is the company's days' sales in receivables?

Which 2-parameters are used to determine frequency response : What is the frequency response analysis. Which two parameters are used to determine frequency response. Draw Bode Plot for G(jw) = 10 (jw + 3) / [(jw)(jw + 2)]

Prepare the current assets section of the balance sheet : Short-term investments $8,200. Prepare the current assets section of the balance sheet listing the items in the proper sequence.

Fair employment practice laws : Succession planning is the process of identifying, developing, and tracking key individuals so that they may eventually assume top-level positions. A qualitative approach to demand forecasting can include any of the following except: Fair employment ..

Question-mark trucks limited : Mark Trucks Limited has some idle capacity in its plant, which is restored by accepting order from other automobiles industries. The company has finished assembly of150 trucks against special order N, 13A from Western Motors Limited.

What is the amount of the firms net fixed assets : The Ashwood Company has a long-term debt ratio of 0.40 and a current ratio of 1.20. Current liabilities are $950, sales are $5,145, profit margin is 9.40 percent, and ROE is 16.80 percent. What is the amount of the firm's net fixed assets?

Prepare t account of work-in-process : Pass the necessary Journal entries and prepare T account of Work-In-Process.

User Account

All Pages