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Problem 23-6 Comparative balance sheet accounts of Stellar Inc. are presented below STELLAR INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2017 AND 2016 December 31 Debit Accounts Cash Accounts Receivable Inventory Equity investments Machinery Buildings Land 2017 2016 $33,600 60,500 24,000 38,800 18,700 56,500 7,600 $269,300 $239,700 $41,900 70,600 29,900 22,100 30,300 66,900 7,600 Credit Accounts Allowance for Doubtful Accounts Accumulated Depreciation-Machinery Accumulated Depreciation-Buildings Accounts Payable Accrued Payables Long-Term Notes Payable $2,200 5,600 13,700 35,300 3,400 20,800 $1,500 2,200 9,000 24,700 2,600 31,200 Problem 23-6 Comparative balance sheet accounts of Stellar Inc. are presented below STELLAR INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2017 AND 2016 December 31 Debit Accounts Cash Accounts Receivable Inventory Equity investments Machinery Buildings Land 2017 2016 $33,600 60,500 24,000 38,800 18,700 56,500 7,600 $269,300 $239,700 $41,900 70,600 29,900 22,100 30,300 66,900 7,600 Credit Accounts Allowance for Doubtful Accounts Accumulated Depreciation-Machinery Accumulated Depreciation-Buildings Accounts Payable Accrued Payables Long-Term Notes Payable $2,200 5,600 13,700 35,300 3,400 20,800 $1,500 2,200 9,000 24,700 2,600 31,200
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