Alpha Geek

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    Polytechnic State University Sanluis
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Category > Accounting Posted 23 May 2017 My Price 4.00

Consider the following selected amounts and account balances of Lords

Consider the following selected amounts and account balances of Lords:

Show how Lords reports current assets on the balance sheet. Not all data are used. Is Lords a service company, a merchandiser, or a manufacturer? How do you know?

Answers

Alpha Geek
(8)
Status NEW Posted 23 May 2017 05:05 PM My Price 4.00

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file 1495561181-Answer.docx preview (64 words )
C-----------ons-----------ide-----------r t-----------he -----------fol-----------low-----------ing----------- se-----------lec-----------ted----------- am-----------oun-----------ts -----------and----------- ac-----------cou-----------nt -----------bal-----------anc-----------es -----------of -----------Lor-----------ds:----------- ----------- Sh-----------ow -----------how----------- Lo-----------rds----------- re-----------por-----------ts -----------cur-----------ren-----------t a-----------sse-----------ts -----------on -----------the----------- ba-----------lan-----------ce -----------she-----------et.----------- No-----------t a-----------ll -----------dat-----------a a-----------re -----------use-----------d. -----------Is -----------Lor-----------ds -----------a s-----------erv-----------ice----------- co-----------mpa-----------ny,----------- a -----------mer-----------cha-----------ndi-----------ser-----------, o-----------r a----------- ma-----------nuf-----------act-----------ure-----------r? -----------How----------- do----------- yo-----------u k-----------now-----------? -----------Ans-----------wer----------- C-----------urr-----------ent----------- as-----------set-----------s A-----------mou-----------nt(-----------$) -----------Amo-----------unt-----------($)----------- Ca-----------sh -----------150-----------00 -----------Acc-----------oun-----------ts -----------Rec-----------eiv-----------abl-----------e 8-----------000-----------0 I-----------nve-----------nto-----------rie-----------s R-----------aw -----------mat-----------eri-----------als----------- in-----------ven-----------tor-----------y 1-----------000-----------0 W-----------ork----------- in----------- pr-----------oce-----------ss -----------inv-----------ent-----------ory----------- 40-----------000----------- Fi-----------nis-----------hed----------- go-----------ods----------- in-----------ven-----------tor-----------y 6-----------300-----------0 T-----------ota-----------l i-----------nve-----------nto-----------rie-----------s
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