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McFadden Corp reports the following balances on their December 31 20X2 Balance Sheet: ($000) Accounts Payable 60 Accounts Receivable 120 Accumulated Depreciation 350 Fixed Assets

McFadden Corp. reports the following balances on their December 31, 20X2 Balance Sheet: ($000) Accounts Payable.......... 60 Accounts Receivable....... 120 Accumulated Depreciation... 350 Fixed Assets (Net) ....... 900 Inventory........... 150 Long Term Debt....... 400 Paid in Excess ....... 160 Retained Earnings....... 380 Total Assets....... 1,240 Total Liabilities......... 500 (long term debt + current liabilities) All of the remaining accounts are listed below. Calculate the balance in each. Accruals Cash Common Stock Fixed Assets (Gross) Total Current Assets Total Current Liabilities Total Equity

Mar 31 2020 View more View Less

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