Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. i think i did the first part right but i am not to

I think I did the first part right but I am not totally sure ...

90.2K

Verified Solution

Question

Finance

image

I think I did the first part right but I am not totally sure

Prepare a balance sheet for Alaskan Peach Corporation as of December 31,2022 , based on the following information: cash = $196,000; patents and copyrights =$850,000; accounts payable =$293,000; accounts receivable =$256,000; tangible net fixed assets =$5,130,000; inventory =$541,000; notes payable =$186,000; accumulated retained earnings =$4,616,000; long-term debt = $1,220,000. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Four years ago, XYZ company paid a dividend of $0.80 per share. Today XYZ paid a...

Psychology
1.2K views

Briefly describe postpartum depression. What are some of the symptoms that distinguish it from a more...

Basic Math
1.2K views

Find f x f x 4x 12x xw c 3

Calculus
1.2K views

For the function f x In 3x 2 find f x f 0 f 2...

Algebra
1.2K views

8 Find the focal length f of a magnifying glass if you can see a...

Accounting
1.2K views

Purple Inc. has the following information December of this year... Raw material purchases: $30000 Raw...

Accounting
1.2K views

Jassim Service Company's adjusted trial balance at the end of 31 December, its...

Accounting
1.2K views

Cubie Corporation has provided the following data concerning...

Accounting
1.2K views

DepCo uses the straight-line method. Assets purchased between the 1st and 15th of the month...

Accounting
1.2K views

Required information The following information applies to the questions displayed below) Debra and Merina sell...

Finance
1.2K views

Calculate the yield to maturity on a bond of face value $1100 and price of...

Finance
1.2K views

Compute the PI statistic for Project X and note whether the firm should accept or...