Companys customers owe for items purchased on credit

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Consider the following balance sheet data for Kristy’s Party Supply: Cash $ 92,000 Accounts payable $ 75,000 Accounts receivable 145,000 Notes payable 94,000 Inventories 284,500 Accruals 66,000 Total current assets $ 521,500 Total short-term liab. $ 235,000 Long-term debt 363,000 Common stock 220,000 Net fixed assets 546,500 Retained earnings 250,000 Total assets $ 1,068,000 Total liabilities & equity $ 1,068,000 How much money do the company's customers owe for items purchased on credit

Reference no: EM131014565

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Companys customers owe for items purchased on credit : Consider the following balance sheet data for Kristy’s Party Supply: Cash $ 92,000 Accounts payable $ 75,000 Accounts receivable 145,000 Notes payable 94,000 Retained earnings 250,000 Total assets $ 1,068,000 Total liabilities & equity $ 1,068,000 Ho..

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