1Prepaid expenses include $150,000 paid on December 31,2021, for 3 year rent on ...
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Accounting
Prepaid expenses include $ paid on December for year rent on
the building that houses both the administrative offices and the manufacturing facility.the land account includes land held for speculation for Investments include $ in Treasury bills purchased on November The bills mature on January The remaining $is an investment in equity securities The company intends to sell percent of their investments security in the next yearDeferred revenue represents customer prepayments for magazine subscriptions. Special orders earned evenly over next monthsThe notes payable account consists of the following:a $ note due in six monthsa $ note due a $ note due in annual installments of $ each, with the next installment due August total stockholders equity includes shares of dollar par value common stock issued and outstanding the average issue price of these shares is the remaining balance in stockholders equity after considering paid in capital is retained earnings find cash and cash equivalents, short term investment, total current assets, long term investment section, total ppe net, total intangibles, total other assets section,total current liabilities, total long term liabilities, common stock, paid in capital in exc ess of par, retained earnings
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