- Below Are Before And After Values For The Asset Liability And Equity Accounts Contained In Ace Company S Balance S 1 (140.04 KiB) Viewed 38 times
Below are "before" and "after" values for the asset, liability, and equity accounts contained in Ace
Company's balance sheet. Click in each box within the "change" column to bring up a selectable pick list. Use the pick list's drop-down menu to select the "change" applicable to each balance sheet item brought about by the indicated transaction. Many boxes will need to contain zeros. You will be done when the values in the "AFTER" column are completely green. Purchased $30,000 of inventory with cash. Assets Cash Accounts receivable Inventories Land Building Equipment Total assets Liabilities Accounts payable Loan payable Total liabilities Stockholders' equity Capital stock Retained earnings Total stockholders' equity Total liabilities and equity $ $ $ $ $ $ BEFORE 50,000 75,000 130,000 60,000 145,000 25,000 485,000 25.000 165,000 190,000 100,000 195,000 295,000 485.000 1-17.03 CHANGE AFTER #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
What will be the total Inventory balance after purchasing of inventory by cash? O 30,000 O No change O 130,000 O 160,000 问题2 What will be the total asset balance after purchasing inventory by cash? O $455,000 O $485,000 O None of the above. O $515,000 问题3 What will be the total liability balance after purchasing inventory by cash? O $485,000 O $220,000 O $295,000 O $190,000 问题4 What will be the total liability balance after purchasing inventory "on account?" O $55,000 O $220,000 O $190,000 O $295,000 问题5 What will be the total Asset balance after purchasing inventory "on account?" O $485,000 O $295,000 O $515,000 O $160,000 15 14 15 15