TUI UNIVERSITY Module 3 session Long Project: sleep Sheet Course Number: ACC201 Course Name: financial Accounting eon: February 14, 2012 Introduction For this module 3 Session Long Project, I go forthing continue to analyze the said(prenominal) family as in modules 1 and 2. I will be completing the finalized equilibrium weather sheet for the Nybrostrand Company while including the redundant learning added in module 2 as well as the additional information added in module 3. The additional information include from module 2 is the $34,500 consumption of units left (inventory) at the check of the year because the client who was fire in purchasing $34,500 worth of products had never actually commit to the purchase. The additional information include from module 3 is that the company made a collateral offering of stock and raise an additional $250,000. Also, the company had already paid $24,000 in dividends onwards deciding on the offering. I will make genu ine to include all of this information on the balance sheet in assemble to wealthy person an accurate balance sheet for the Nybrostrand Company. Nybrostrand Company Balance Sheet declination 31, 2011 AssetsLiabilities Accounts receivable...$ 24,500Accounts due..$ 67,000 interchange$ 16,700Long-term debt..
$ 145,000 Depreciation expense$ 24,350 Equipment (net of depreciation)$ 425,000 line$ 59,500 Accounts payable$ 67,000Shareholders virtue Long-term debt$ 145,000Ac counts receivable$ 24,500 vernacular stock! $ 260,000Cash$ 16,700 gainful in capital..$ 90,000Depreciation expense..$ 24,350 contain hire$ 71,000 Equipment (net of depreciation)$ 425,000 Total Assets$ 1,183,050Inventory..$ 59,500 Common stock..$ 260,000 Paid in capital$ 90,000 Retained earnings..$ 71,000 Total Liabilities and...If you urgency to get a full essay, order it on our website: BestEssayCheap.com
If you want to get a full essay, visit our page: cheap essay
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.