The adjusted trial balance data from the cameron white

Reference no: EM13597690

The adjusted trial balance data from the Cameron White Company spreadsheet for the year end December 31. The balance of the Notes Payable account consists of notes that are due within a year. The mortgage extends for more than a year. The beginning Retained Earnings account for the period was $49,000. The ending retained earnings for the period from the statement of retained earnings is $56,150. There were no dividends paid.

1. What is the amount of the net realized value for accounts receivable.

a. $13,500 b. $12,400 c. 14,600 d. $1,100

2. What is the amount of the net book value for store equipment?

A. $4,000 b. $6,500 c.$9,000 d. $2,500

3. What is the amount of the total current assets?

A. $76.650 b. $109.650 c. $108,550 d. $75,550

4. What is the amount of the total plant and equipment?

A. $36,000 b. $28,000 c. $47,000 d. 39,000

5. What is the amount of total assets?

A. $111,550 b. $109,650 c. $108,550 d. $155,550

6. What is the amount of the total current liabilities?

A. $59,000 b. $29,000 c. 29,400 d. $12,500

7. What is the amount of the total long -term liabilities?

A. $26,400 b. $42,900 c. $59,000 d. $26,000

8. What is the amount of the total stockholders' equity?

A. $49,000 b. $166,950 c. $56,150

9. What is the amount of net income for the period? A. $109,150 b. $7,150 c. $56,150 d. $7,700

Reference no: EM13597690

Questions Cloud

Lu villena an employee of etraincom leases a car at ohare : lu villena an employee of etrain.com leases a car at ohare airport for a three-day business trip. the rental cost is

Tri state pickle company preferred stock pays a perpetual : tri state pickle company preferred stock pays a perpetual annual dividend of 2 12 of its par value. par value of tsp

Ed koehler started great southern furniture five years ago : ed koehler started great southern furniture five years ago to assemble prefabricated bedroom furniture for large hotel

On june 30 2011 georgia-atlantic inc leased a warehouse : on june 30 2011 georgia-atlantic inc. leased a warehouse facility from ic leasing corporation. the lease agreemtne call

The adjusted trial balance data from the cameron white : the adjusted trial balance data from the cameron white company spreadsheet for the year end december 31. the balance of

Prior to 2010 brooks invested 22553000 in norton industries : prior to 2010 brooks invested 22553000 in norton industries and has not changed its holdings this year. this investment

Flower city cartridges fcc manufactures replacement : flower city cartridges fcc manufactures replacement cartridges for desktop printers. fcc uses standard costs within a

Dawson toys ltd produces a toy called the maze the company : dawson toys ltd. produces a toy called the maze. the company has recently established a standard cost system to help

To make the project worthwhile in terms of his own time : the marbury stein shop sells steins from all parts of the world. the owner of the shop clint marbury is thinking of

User Account

All Pages