Elementary Accounting Problems
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71 Total working and trading assets... $ 136, 198. 96 Current assets: Cash $ 344, 654. 11 Accounts rec 125, 279. 34 Notes rec. And int... 41, 286. 39 Total current as- sets $ 511, 219. 84 Sinking fund 12, 334. 72 Deferred charges to exp. 12, 813. 97 Total assets $2, 525, 383. 20 Capital stock (out- standing) : Preferred $1, 000, 000. 00 Common 500, 000. 00 Total cap. Stock. . . $1, 500, 000. 00 ist mtge. 5% bonds (1922) 300, 000. 00 Current liabilities: Taxes accrued $ 14, 025. 00 Salaries and ...wages accrued 18, 927. 34 Accounts payable . . . 87, 316. 75 Notes payable and in- terest 51, 487. 63 Int. Ace. On bonds.... 7, 500. 00 Total current lia- bilities $ 179, 256. 72 Reserve for depr. Of plant and equip 142, 305. 12 Reserve for sinking fund 12, 334. 72 P & L surplus 391, 486. 64 Total liabilities and capital $2, 525, 383. 20 PROBLEM No. 150 (PRACTICE) The following is a trial balance of The National Gelatine Company, September 30, 1912, after closing: Land and buildings, $1, 537, 876.
What to read after Elementary Accounting Problems?
You can find similar books in the "Read Also" column, or choose other free books by John Raymond Wildman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
71 Total working and trading assets... $ 136, 198. 96 Current assets: Cash $ 344, 654. 11 Accounts rec 125, 279. 34 Notes rec. And int... 41, 286. 39 Total current as- sets $ 511, 219. 84 Sinking fund 12, 334. 72 Deferred charges to exp. 12, 813. 97 Total assets $2, 525, 383. 20 Capital stock (out- standing) : Preferred $1, 000, 000. 00 Common 500, 000. 00 Total cap. Stock. . . $1, 500, 000. 00 ist mtge. 5% bonds (1922) 300, 000. 00 Current liabilities: Taxes accrued $ 14, 025. 00 Salaries and ...wages accrued 18, 927. 34 Accounts payable . . . 87, 316. 75 Notes payable and in- terest 51, 487. 63 Int. Ace. On bonds.... 7, 500. 00 Total current lia- bilities $ 179, 256. 72 Reserve for depr. Of plant and equip 142, 305. 12 Reserve for sinking fund 12, 334. 72 P & L surplus 391, 486. 64 Total liabilities and capital $2, 525, 383. 20 PROBLEM No. 150 (PRACTICE) The following is a trial balance of The National Gelatine Company, September 30, 1912, after closing: Land and buildings, $1, 537, 876.
What to read after Elementary Accounting Problems?
You can find similar books in the "Read Also" column, or choose other free books by John Raymond Wildman to read onlineMoreLess
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