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Incomplete version of a company balance sheet

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Reference no: EM132038510

The statement below shows a condensed, but incomplete version of a company's balance sheet. Assuming cash is zero, how do I find notes payable?

Assets

Current Assets

  • Cash $0
  • Accounts Receivable $1,500,000
  • Other current assets $550,000

Total Current Assets: $2,050,000

Fixed Assets: $6,075,000

  • Goodwill $300,000

Total Assets $8,425,000

Liabilities

Current Liabilities

  • Notes Payable jQuery22406513820477121679_1530111690001?
  • Other current liabilities $150,000

Total Current Liabilities ???

Long Term Debt $2,015,000

Shareholder's Equity $3,600,000

Total Liabilities and Shareholder's Equity?

Reference no: EM132038510

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