Cash60,000Accounts Receivable40,000Inventory35,000Buildings200,000Accounts Payable70,000Short-term Debt30,000Long-term Debt120,000Common Stock100,000Retained Earnings15,000Prepare the balance sheet for Starline Ltd. as of...
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Accounting
Cash | 60,000 |
Accounts Receivable | 40,000 |
Inventory | 35,000 |
Buildings | 200,000 |
Accounts Payable | 70,000 |
Short-term Debt | 30,000 |
Long-term Debt | 120,000 |
Common Stock | 100,000 |
Retained Earnings | 15,000 |
Prepare the balance sheet for Starline Ltd. as of March 31, 2024. |
- The following details pertain to Galaxy Enterprises as of November 30, 2024.
- Cash: ?75,000
- Accounts Receivable: ?95,000
- Inventory: ?65,000
- Machinery: ?180,000
- Accounts Payable: ?85,000
- Long-term Debt: ?110,000
- Common Stock: ?150,000
- Retained Earnings: ?70,000 Prepare the statement of financial position.
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