Reference no: EM132493098
The following accounts appeared on the trial balance of Dude's Inc. at December 31, 2020. Assume that the number below is a debit or credit balance if the account normally has a debit or credit balance and add or subtract accordingly for the total. Using this information, answer the questions below:
Accounts Receivable 207,360
Accumulated Other Comprehensive Income 163,980
Accumulated Depreciation - Bldg. 313,200
Additional Paid-in Capital 65,520
Allowance for Doubtful Accts. 3,120
Bonds Payable Due 1/1/2028 480,000
Buildings 770,400
Cash 68,100
Common Stock 450,000
Copyrights 77,160
Debt Investments (long-term) 112,560
Income Taxes Payable 62,400
Interest Payable 2,280
Inventory 632,100
Land 186,000
Notes Payable (maturing on 3/1/21) 76,800
Notes Receivable (maturing on 6/15/21) 55,200
Preferred Stock 300,000
Prepaid Insurance (maturing 8/1/21) 22,500
Retained Earnings 244,800
Salaries and Wages Payable 13,680
Supplies 15,120
Trading Securities 29,280
Question A) What is Dude Incorporated's total property, plant, and equipment to be shown on the balance sheet?
Question B) What is Dude Incorporated's total current assets to be shown on the balance sheet?
Question C) What is Dude Incorporated's total stockholders' equity to be shown on the balance sheet?
Question D) What is Dude Incorporated's total current liabilities to be shown on the balance sheet?
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