How do you resolve this balance sheet? related questions

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How do you resolve this balance sheet?1lilian ahmed2012-10-24 16:42:02
MedlinePlus MedlinePlus MedlinePlus MedlinePlus MedlinePlus MedlinePlus Silberman Corporation was formed on January 1, 2007 . At December 31, 2007 , Scott Brantner , president and sole shareholder, decided to prepare a balance sheet , which appeared as follows : MedlinePlus MedlinePlus MedlinePlus MedlinePlus SILBERMAN CORPORATION MedlinePlus MedlinePlus Balance Sheet MedlinePlus MedlinePlus December 31, 2007 MedlinePlus MedlinePlus MedlinePlus MedlinePlus ASSETS LIABILITIES AND STOCKHOLDERS 'EQUITY MedlinePlus MedlinePlus MedlinePlus Cash $ 20,000 Accounts payable $ 40,000 MedlinePlus MedlinePlus Accounts receivable 55,000 15,000 Notes payable MedlinePlus Boat Loans 33,000 18,000 Inventory MedlinePlus MedlinePlus Boat Equity 24,000 55,000 MedlinePlus MedlinePlus MedlinePlus MedlinePlus Scott , willingly admits that he is an accountant by profession . Worried that your balance can not be correct . He has provided the following information : MedlinePlus MedlinePlus MedlinePlus MedlinePlus the boat actually belongs to Brantner , not for Silberman Corp. However, he believes it could take clients on the boat occasionally , decided to include it as an asset of the company . To be consistent also appears as a liability of the corporation that took personal loan in the bank to buy the boat . MedlinePlus MedlinePlus MedlinePlus The inventory was purchased for $ 21,000 , but due to increased demand eh Scott thinks now might sell for $ 33,000. He thought it would be better to record at $ 33,000. MedlinePlus MedlinePlus MedlinePlus Included in the balance of accounts receivable is $ 12,000 that Scott borrowed his brother five years ago . Scott , I included in accounts receivable Silberman so wouldn Corp.
I need some help with a Budgeted Balance Sheet I'm stuck and unable to resolve with I'm stuck. Help Please?0a Mom2012-10-11 23:52:38
I have to prepare a budgeted balance sheet and am stuck at some points , and I can not figure out what I'm stuck on . MedlinePlus MedlinePlus Real balances at November 30, 2010 : Accounts receivable $ 6,900 $ 2,000 Equipment Inventory Loan $ 10.400 $ 5,000 $ 1,800 Bank overdraft MedlinePlus accumulated depreciation (equipment ) $ 1,560 $ 3,600 Capital Creditors ? MedlinePlus MedlinePlus of the budgeted income statement for the month ending December 31, 2010 : MedlinePlus Sales 65,400 COS (35500) MedlinePlus Gross profit 29,900 MedlinePlus depreciation (1200) MedlinePlus operating expenses ( 23,840 ) MedlinePlus MedlinePlus 4860 profit MedlinePlus from end of month cash budget 2010 31 dem MedlinePlus MedlinePlus total expected income $ 46,140 MedlinePlus expected payments totaling $ 53,319 MedlinePlus MedlinePlus other information all sales made on credit , sales of 60 % collected in the month of the sale and the remainder in the following month. No bad debts MedlinePlus MedlinePlus Purchases for December and January are expected to be 35 970 and 38 400 . Purchases are paid 70% in the month of purchase and 30% in the next month . MedlinePlus MedlinePlus worth of new equipment was purchased 2000 to December 31 credit MedlinePlus MedlinePlus operating expenses are paid as incurred , however 1,000 of wages included as operating expenses remain unpaid at the end of December MedlinePlus MedlinePlus 1200 loan paid monthly MedlinePlus MedlinePlus owner will withdraw 500 cash for personal use during December MedlinePlus MedlinePlus Could someone please help .. This information to prepare a budgeted balance sheet . Thanks muchly .
What if your balance sheet doesn't balance?0steven Sanchez2012-10-01 19:12:03
I'm trying to make a balance sheet so you can complete Form 1120 Schedule L. ( S Corp ) This is my first year in business and I lost some money due to the implementation of non- capital expenditures. I can not figure out how to get my goods ( that is cash only ) to balance my obligations ( accounts payable to a few, the loan gave him my business , and I bought shares ( sole shareholder ) . MedlinePlus MedlinePlus These figures do not even seem related - let alone add up to the same amount . ( Espeically if you do not take into account the net income / loss - and I do not see it anywhere in the schedule L to enter that information . ) MedlinePlus MedlinePlus What am I missing here ?
I HAVE TO PREPARE A BALANCE SHEET FOR A POJECT AND I CANT MAKE IT BALANCE DOES ANY1 KNOW HOW TO MAKE IT WORK ?0tyana2012-08-29 03:08:04
Long-term loan from the bank of 40 MedlinePlus land and the construction of 55 MedlinePlus Motor vechicle 15 MedlinePlus 20 teams from MedlinePlus long-term loan from the finance company 25 MedlinePlus cash in bank 4
Need help with balance sheet?0sakshi2012-09-18 08:18:17
How to create a balance with this information? MedlinePlus MedlinePlus Equipment $ 9,000 Accounts payable $ 1,100 MedlinePlus Stockl Capital $ 1,750 MedlinePlus $ 400 Cash MedlinePlus MedlinePlus loan payable $ 10,000 MedlinePlus Salaries payable $ 250 Accounts receivable $ 700 MedlinePlus Retained earnings $ 1,000 MedlinePlus Inventory of $ 4,000
Help with the balance sheet?1Sanya2012-08-15 06:26:02
I approached my task and I realized I made ​​a mistake in one of the questions , the problem is that although I tried to fix it , does not seem to be able to get the right answer! OK, one question is how the balance sheet would be affected by the following :
Help !! Balance Sheet?0walidK2012-09-29 19:02:04
Create a balance , Hotel Cat using the information below . Calculate and analyze fast debt and debt-equity ratios . MedlinePlus MedlinePlus MedlinePlus MedlinePlus MedlinePlus MedlinePlus MedlinePlus MedlinePlus Cash $ 45,000 MedlinePlus Accounts receivable $ 12,000 MedlinePlus MedlinePlus Animal food MedlinePlus $ 8,400 MedlinePlus Accounts payable $ 9,700 MedlinePlus MedlinePlus MedlinePlus Equipment $ 75,000 MedlinePlus MedlinePlus Bank loan of $ 20,000 MedlinePlus Property and patio $ 124,000
Balance Sheet Question?0Lara2012-10-14 23:52:11
Brandon Adams just opened a very successful dance club . Brandon recently requested additional bank loan but was rejected because his personal investment in the company is too small . Brandon feels he can improve its balance of capital , completing the three steps: MedlinePlus MedlinePlus 1) He will sell his truck to a friend for $ 8000 dollars, as almost all supplies are delivered free club . ( The truck was U.S. $ 8,000 in the asset side of the balance sheet. ) MedlinePlus MedlinePlus 2) He will borrow $ 10,000 from his brother, who will insist on signing a formal loan agreement . MedlinePlus MedlinePlus 3) It will use the cash from his first two operations to reduce the accounts payable balance to zero . MedlinePlus MedlinePlus Question ( Note: MedlinePlus A \ P is $ 12000, Bank Loan payable is $ 30,000, total liabilities of $ 42,000 , total assets and total liabilities and equity is $ 52,000 , and your net worth owner is $ 10,000 . MedlinePlus 1) Brandon Business will be healthier or less healthy as a result of its operations ? Why?
ACCOUNTING BALANCE SHEET HELP~~~?0Abbie2012-09-04 20:21:06
I do not know how to obtain missing data . I have the answer sheet to the balance sheet , but I can not figure out how he was my tutor get answers ! help ~ MedlinePlus MedlinePlus I ask the question to find the missing figures . I do not know how to do and I 'm stressing ... I have given the list is directly from the textbook UN organized . MedlinePlus MedlinePlus Cash ... $ 200 MedlinePlus Plant ... $ 30,000 MedlinePlus Incendiary chemicals ... $ 17,500 MedlinePlus Salary expenses ... $ 2,300 MedlinePlus Accounts payable .... ? MedlinePlus Incendiary plastic containers ...? Total current assets ... ? Team ... $ 7,000 Loans Payable May 29, 20X2 ... $ 17,000 MedlinePlus Motor vehicles ... ? Accounts receivable ... $ 17,800 Land ... $ 50,000 MedlinePlus Buildings ... $ 12,500 MedlinePlus Equity is ... ? MedlinePlus Total current assets ... 118,000 Total assets ... $ 156,000 MedlinePlus Total current liabilities ... $ 47,300 MedlinePlus Loan payable June 30, 20X0 MedlinePlus Bank overdraft ... $ 7,300 Total liabilities crruent not ... $ 50,000 MedlinePlus Total liabilities ... ? MedlinePlus MedlinePlus MedlinePlus MedlinePlus Thank you very much if someone can show me .
Balance Sheet Question?0Aliya2012-08-13 07:40:37
Brandon Adams has just opened a very successful dance club . Brandon has recently requested an additional bank loan , but has been rejected because their personal investment in the company is too small. Brandon believes it can improve its balance of capital , completing the three following operations : 1) It is going to sell his truck to a friend for $ 8000 dollars because almost all club supplies are delivered free. (The truck was $ 8000 dollars on the balance sheet . ) 2) It will borrow $ 10,000 from his brother, who will insist on signing a formal loan agreement . 3) It will use the money from their first two operations to reduce the balance of accounts payable to zero. Question ( Note : The A P is $ 12000, Bank loan to pay is $ 30000, total liabilities of $ 42000, total assets and total liabilities and equity is $ 52000, and net worth is $ 10000. 1) Will Brandon possibilities of additional bank loans to be better or worse after the transaction ?
Balance Sheet Question. Please Help!!!!!! Thanks?0:そ -2012-08-06 10:45:03
Finding the ROI of common shareholders sales revenue $ 650,000 amount of good sold 400,000 Gross profit 250,000 selling and administrative expenses 100,000 Operating income 150,000 Interest expense 50,000 income before taxes 100,000 income before tax expense (40 % ) 40,000 Net income 60,000 Accounts payable 45,000 accrued liabilities 70,000 income tax payable 10,000 interest payable 25,000 Short terms loans payable 150,000 Total current liabilities 300,000 long-term bonds to pay 500,000 preferred stock , 10% , par $ 100 250 000 common stock, no par 600,000 retained earnings 350,000 Total of 1,200,000 equity Total liabilities and stockholders' equity 2,000,000
How to draw a balance sheet for this Q's ?0rainy2012-10-11 20:04:43
March 1 , Joe started a new business . During March , took place the following: - MedlinePlus March 1 to deposit $ 20,000 in a bank account . MedlinePlus MedlinePlus March 2 - Meeting and accessories purchased for $ 6000 + $ 800 in credit activities . MedlinePlus MedlinePlus March 3 - a loan of $ 5800 + on deposit in the bank . MedlinePlus MedlinePlus March 4 - Buy a car costs $ 7000 cash + $ 200 for retired own use . MedlinePlus MedlinePlus March 05 engine cars costing $ 9,000 was purchased . The car purchased on March 4 was given as part of the exchange for a value of $ 6500. The balance of the purchase for the new car was paid in cash . MedlinePlus MedlinePlus March 6 , Joe won $ 2,000 in a lottery + paid account business bank account , he also paid $ 1,000 loan . MedlinePlus MedlinePlus Requires: - MedlinePlus - Develop a company's balance sheet at the end of each day of MedlinePlus . MedlinePlus 4th question sorry long as i knw tht need to get February 6 spreadsheets if I'm wrong , but i dnt knw hw nt find out drawing ths type of balance hope u can help me please and explain a bit if you get the response < br > MedlinePlus thx

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