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Following is a sample balance sheet. In Part A, match each asset to its definition from the drop-down list. In Part B, match each liability or equity to its definition from the drop-down list: 2 3 Balance Sheet Model Duel 5 7 Current Assets Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses Total Current Ass $ $ $ 5 $ 5 10 5.500.00 4,500.00 5,000.00 17.500.00 2.500.00 25,000.00 12 13 Current Liabilities Accounts Payable 5 1.500.00 Short Term Notes Puyable 5 2.000.00 Accrued abilities 5 1.500.00 Total Current Lubite 5 5,000.00 Long Term Liabilities Long Term Debt $ 20,000.00 Total Long Term Liabilities $20,000.00 Total Liabiti $ 25,000.00 Equity Preferred Stock 55.000.00 Common Stock 510.000.00 Metained in 510.000.00 Total Equity 525.000.00 Total Labies and Equity 550,000.00 14 15 16 Long-Term Assets Property, plant, and Equipment 5 Less: Accumulated Depreciation S Net Property. Plant and Equipment 5 Intangible Assets 5 Total Nettong Term Aset Total Asses 5 17 000.00 2.000.00 15,000.00 10.000.00 25.000.00 SO 0.00 16 21 Balance Sheet (Thousands of Dolor Current Assets Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses Total Current Assets $ $ $ $ S S 5,500.00 4 500.00 5,000.00 700.00 2 500.00 25 000.00 Current Liabilities Accounts Payable $ 1,500.00 Short Term Notes Payable $2,000.00 Accrued Liabilities $ 1.500.00 Total Current Liabilities 5 5,000.00 Long-Term Liabilities Long Term Debt $ 20,000.00 Total Long Term Liabilities $ 20,000.00 Total Liabilities $ 25,000.00 Equity Preferred Stock $5,000.00 Common Stock 5 10,000.00 Retained Earnings 5. 10,000.00 Total Equity $ 25,000.00 Total Liabilities and Equity $ 50,000.00 Long Term Assets Property, plant, and Equipment 5 Less: Accumulated Depreciation S Net Property, Plant, and Equipments Intangible Assets $ Total Net Long-Term Assets S Total Assets S 17.000.00 2.000.00 15,000.00 10,000.00 25.000.00 50,000.00 ssess your knowledge f5: Financial Statement Fundamentals for Finance Part A Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses Property, Plant, and Equipment Accumulated Depreciation Intangible Assets Part B Accounts Payable Short Term Notes Payable Accrued Liabilities Long-Term Debt Draforror Stock Accounts Receivable Inventories Prepaid Expenses Property, Plant, and Equipment Accumulated Depreciation Intangible Assets Part B Accounts Payable >> Short-Term Notes Payable Accrued Liabilities Long-Term Debt Preferred Stock Common Stock Retained Earnings Total Common Equity Following is a sample balance sheet. In Part A, match each asset to its definition from the drop-down list. In Part B, match each liability or equity to its definition from the drop-down list: 2 3 Balance Sheet Model Duel 5 7 Current Assets Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses Total Current Ass $ $ $ 5 $ 5 10 5.500.00 4,500.00 5,000.00 17.500.00 2.500.00 25,000.00 12 13 Current Liabilities Accounts Payable 5 1.500.00 Short Term Notes Puyable 5 2.000.00 Accrued abilities 5 1.500.00 Total Current Lubite 5 5,000.00 Long Term Liabilities Long Term Debt $ 20,000.00 Total Long Term Liabilities $20,000.00 Total Liabiti $ 25,000.00 Equity Preferred Stock 55.000.00 Common Stock 510.000.00 Metained in 510.000.00 Total Equity 525.000.00 Total Labies and Equity 550,000.00 14 15 16 Long-Term Assets Property, plant, and Equipment 5 Less: Accumulated Depreciation S Net Property. Plant and Equipment 5 Intangible Assets 5 Total Nettong Term Aset Total Asses 5 17 000.00 2.000.00 15,000.00 10.000.00 25.000.00 SO 0.00 16 21 Balance Sheet (Thousands of Dolor Current Assets Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses Total Current Assets $ $ $ $ S S 5,500.00 4 500.00 5,000.00 700.00 2 500.00 25 000.00 Current Liabilities Accounts Payable $ 1,500.00 Short Term Notes Payable $2,000.00 Accrued Liabilities $ 1.500.00 Total Current Liabilities 5 5,000.00 Long-Term Liabilities Long Term Debt $ 20,000.00 Total Long Term Liabilities $ 20,000.00 Total Liabilities $ 25,000.00 Equity Preferred Stock $5,000.00 Common Stock 5 10,000.00 Retained Earnings 5. 10,000.00 Total Equity $ 25,000.00 Total Liabilities and Equity $ 50,000.00 Long Term Assets Property, plant, and Equipment 5 Less: Accumulated Depreciation S Net Property, Plant, and Equipments Intangible Assets $ Total Net Long-Term Assets S Total Assets S 17.000.00 2.000.00 15,000.00 10,000.00 25.000.00 50,000.00 ssess your knowledge f5: Financial Statement Fundamentals for Finance Part A Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses Property, Plant, and Equipment Accumulated Depreciation Intangible Assets Part B Accounts Payable Short Term Notes Payable Accrued Liabilities Long-Term Debt Draforror Stock Accounts Receivable Inventories Prepaid Expenses Property, Plant, and Equipment Accumulated Depreciation Intangible Assets Part B Accounts Payable >> Short-Term Notes Payable Accrued Liabilities Long-Term Debt Preferred Stock Common Stock Retained Earnings Total Common Equity

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