Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 6 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Jun 2017 My Price 12.00

Assets, Liailities and Net Worth

The following Classified Balance Sheet has numerous errors. Indicate the errors in this Balance Sheet by preparing a corrected Classified Balance Sheet with all required information.

 

 

Assets, Liailities and Net Worth

 

Building, at cost $18000 Accumluated Depreciation $4500

Land, appraised value $9000 Note Payable (due 2015) $5000

Inventory, retail price $10000 Wages payable $2100

Capital Stock $12000

Accounts receivable $2500 Retained Earnings $3500

Accounts payable ($3600) Total Liabilities $27100

Cash $2200 Amount needed to balance $11000

Total Assets $38100 Total Liab. and Net Worth $38100

 


Additional Information:
Land has an original cost of $3,000 and inventory cost the company $5,000.

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Jun 2017 10:06 PM My Price 12.00

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