Question 12.2 poiST 18 21 The Following financial information will help you to create a...
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Accounting
Question 12.2 poiST 18 21 The Following financial information will help you to create a Statement of Financial Position or, a Balance Sheet Statement. Short term Other Assets = $15,000, Trades payable = $8,000, Accounts Receivable = $40,000. Inventory = $8,000, Supplies - $1,000, Cash = $3,000, Notes payable = $24,000, Income tax payable = $16,500, Long term debt = $20,000, Short term debt - $10,000, Equipment = $25,000, LTD/Bonds maturing in 10 years = 15%, Building = $150,000. Preferred Stock = $110,000, and RE = $50,000 negative. Find the Amount of Common Stock for this Financial Statement? 24 $32,800 $67,200 - $67,200 $60,000
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