What is the amount of total liabilities on the balance sheet

Assignment Help Accounting Basics
Reference no: EM132635419

Question - A company's trial balance included

A company's trial balance included the following account balances:

Accounts Payable $19,237

Accounts Receivable 81,366

Cash 73,354

Income Tax Payable 3,542

Inventory 25,846

Note Payable, due in two years 1,739

Equipment 54,428

Stockholders' Equity 203,108

Supplies 5,542

Wages Payable 12,910

Required - What is the amount of Total Liabilities on the Balance Sheet?

Reference no: EM132635419

Questions Cloud

How each complement the other in order to gain comprehensive : Explain how each complements the other in order to gain a comprehensive understanding of the young client's concerns and situation.
Explain how could apply the skills to policy advocacy : Explain How could apply the skills to policy advocacy? How will use these skills to identify the policy and social problems that are impacting these families?
Describe what your interpretation of abnormal behavior is : In your own words, describe what your interpretation of abnormal behavior is. Compare and contrast it to "normal" behavior. Please do not copy from the text.
The future of nursing-leading change and advancing health : Review the IOM report, "The Future of Nursing: Leading Change, Advancing Health," and explore the "Campaign for Action: State Action Coalition" website.
What is the amount of total liabilities on the balance sheet : A company's trial balance included the following account balances: Cash 73,354. What is the amount of Total Liabilities on the Balance Sheet
Describe the phenomena you are interested in studying : Briefly describe the phenomena you are interested in studying. Briefly summarize the key findings or what is understood about this phenomenon based on the.
Create a motto to capture the intent of ally-ship : How does the Watson quote mirror those ideas? How can you identify, remain consistent, and practice sustainability in your ally development?
Record Journal entry to record issuance of bonds on January : Venezuela Co. is building a new hockey arena at a cost of $2,500,000. Record Journal entry to record the issuance of bonds on January 1, 2016
Discuss about perception that people are born into a culture : Provide 2 differences between the perception that people are born into a culture and the perception that a person becomes a member of a culture through.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd