b. Weakfish Squeteague Dr. Cr. Cash
Posted: Sat Feb 19, 2022 2:33 pm
b.
Weakfish
Squeteague
Dr.
Cr.
Cash
$
100,000
$ 50,000
Receivables
50,000
20,000
Investment in S.
950,000
Property & Equipment
600,000
830,000
Goodwill
________
________
$1,700,000
$900,000
Liabilities
Payables
$
250,000
$ 100,000
Capital
Stock
500,000
400,000
Additional Paid in Cap
800,000
Retained Earnings
150,000
400,000
$1,700,000
$ 900,000
Weakfish
Squeteague
Dr.
Cr.
Cash
$
100,000
$ 50,000
Receivables
50,000
20,000
Investment in S.
950,000
Property & Equipment
600,000
830,000
Goodwill
________
________
$1,700,000
$900,000
Liabilities
Payables
$
250,000
$ 100,000
Capital
Stock
500,000
400,000
Additional Paid in Cap
800,000
Retained Earnings
150,000
400,000
$1,700,000
$ 900,000