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CORONADO LTD. Statement of Financial Position December 31, 2022 Cash ...

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Accounting

CORONADO LTD. Statement of Financial Position December 31, 2022
Cash $64400 Accounts payable $65400
Prepaid insurance 14800 Salaries payable 24100
Accounts receivable 97000 Bonds payable 231000
Inventory 117000 Total liabilities 320500
Land 156000
Building $233000 Common shares Unresolved
Less: Accumlated depreciation 70300 162700 Retained earnings 136000
Trademark $126000 Total shareholders' equity 381000
Less: Accum. Amort. 36400 89600 Total liabilites
Total assets $701500 and shareholders' equity $701500

The total amount in the contra asset accounts is

$36400.

$106700.

$70300.

$252300.

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