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  • QRB 501 Week 5 Learning Team Case Studies

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    SaiGuruCool
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    Comparative Balance Sheet Contemporary Wood Furniture December 31, 2010 and 2011 2011 cash Cost of goods sold Merchandise inventory Accounts Receivable Net sales equipment Total Current Assets Liabilities Depreciation Rent expense Utilities Accounts payable Wages payable Miscellaneous expenses Insurance payable Wages Total Liabilities and owner's equity.

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    QRB 501 Week 5 Learning Team Case Studies.xlsx

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    Comparative Balance Sheet Contemporary Wood Furniture December 31, 2010 and 2011 2011 cash Cost of goods sold Merchandise inventory Accounts Receivable Net sales equipment Total Current Assets Liabilities Depreciation Rent expense Utilities Accounts payable Wages payable Miscellaneous expenses Insurance payable Wages Total Liabilities and owner's equity.

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    © All Rights Reserved
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    622 vues3 pages

    QRB 501 Week 5 Learning Team Case Studies

    Transféré par

    SaiGuruCool
    Comparative Balance Sheet Contemporary Wood Furniture December 31, 2010 and 2011 2011 cash Cost of goods sold Merchandise inventory Accounts Receivable Net sales equipment Total Current Assets Liabilities Depreciation Rent expense Utilities Accounts payable Wages payable Miscellaneous expenses Insurance payable Wages Total Liabilities and owner's equity.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme XLSX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 3

    Comparative Balance Shee

    Contemporary Wood Furniture


    December 31, 2010 and 2011
    1) Assets
    Current assets:
    Cash
    Accounts receivable
    Inventory
    Plant and equipment

    Total assets

    Liabilities and owner's equity

    Current liabilities:
    Accounts payable
    Wages payable
    Property and taxes payable
    Total current liabilities

    Long-term liabilities:
    Total long-term liabilities
    Total liabilities
    Owner's equity:
    Total owner's equity

    Total liabilities and owner's equity

    mparative Balance Sheet


    Contemporary Wood Furniture
    December 31, 2010 and 2011
    2011

    1,844.00
    11,807.00
    9,628.00
    158,700.00
    181,979.00

    2010

    3,278.00
    6,954.00
    17,417.00
    144,500.00
    172,149.00

    13,446.00
    650.00
    4,124.00
    18,220.00

    9,250.00
    1,110.00
    3,650.00
    14,010.00

    $
    $

    92,800.00
    111,020.00

    $
    $

    75,800.00
    89,810.00

    70,959.00

    82,339.00

    181,979.00

    172,149.00

    Assets
    6.36
    ACID TEST RATIO 0.26
    CURRENT RATIO
    4000
    85,000.00
    15,000.00
    6,000.00
    120,000.00
    15,000.00

    Cash
    Cost of goods sold
    Merchandise inventory
    Accounts Receivable
    Net sales
    Equipment

    $
    $
    $
    $
    $

    Total Current Assets

    $ 245,000.00

    Liabilities
    Depreciation
    Rent expense
    Utilities
    Accounts payable
    Wages payable
    Miscellaneous expenses
    Insurance payable
    Wages

    $
    $
    $
    $
    $
    $
    $
    $

    2,000.00
    15,000.00
    6,500.00
    3,500.00
    1,500.00
    1,500.00
    500.00
    8,000.00

    Total Liabilities

    38,500.00

    Carlton, Equity

    34,500.00

    Total Owner equity

    34,500.00

    Owner's equity

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