Please answer both. This is part A and B A partlal balance sheet for Captain D's Sportswear Is shown below.(dollars in thousands)Assets:Liabilities:Cash$69Accounts payable$246Accounts receivable (net)178Other liabilities90Investments58Total current liabilities336Inventory200Long-term liabilities119Prepaid rent31Total liabilities455Total current assets536Stockholders' equity:Property & Equipment, (net)266Common stock154Retained earnings193Total stockholders’ equity347Total assets$ 802Total liabilities and equity$ 802ne current ratio is: (Round your answer to 2 decimal places.)Multiple Cholce2.68.118.1.60.0.67 Tony Hawk's Adventure (THA) Issued callable bonds on January 1, 2021. THA's accountant has projected the followIng amortization schedule from Issuance until maturity:InterestIncrease inCarryingDateCash PaidExpenseCarrying ValueValue01/01/2021$ 209,18206/30/202112/31/202106/30/202212/31/202206/30/202312/31/2023$11,00011,00011,00011,00011,00011,000$12,55112,64412,74312,84712,95813,075$1,5511,6441,7431,8471,9582,075210,733212,377214,120215,967217,925220,000THA buys back the bonds for $210,727 immediately after the Interest payment on 12/31/2021 and retires them. What gain or loss, If any, would THA record on this date?Multiple CholceNo gain or loss.$1,650 galn.$1,545 loss.$9.273 galn.

Name: Please answer both. This is part A and B A partlal balance sheet for C
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Description: Please answer both. This is part A and B A partlal balance sheet for Captain D's Sportswear Is shown below.(dollars in thousands)Assets:Liabilities:Cash$69Accounts payable$246Accounts receivable (net)178Other liabilities90Investments58Total current l

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(dollars in thousands) Assets: Liabilities: Cash $69 Accounts payable $ 246 Accounts receivable (net) 178 Other liabilities 90 Investments 58 Total current liabilities 336 Inventory 200 Long-term liabilities 119 Prepaid rent 31 Total liabilities 455 Total current assets 536 Stockholders' equity: Property & Equipment, (net) 266 Common stock 154 Retained earnings 193 Total stockholders' equity 347 Total assets $802 Total liabilities and equity $802 ne current ratio is: (Round your answer to 2 decimal places.)

(dollars in thousands) Assets: Liabilities: Cash $69 Accounts payable $ 246 Accounts receivable (net) 178 Other liabilities 90 Investments 58 Total current liabilities 336 Inventory 200 Long-term liabilities 119 Prepaid rent 31 Total liabilities 455 Total current assets 536 Stockholders' equity: Property & Equipment, (net) 266 Common stock 154 Retained earnings 193 Total stockholders' equity 347 Total assets $802 Total liabilities and equity $802 ne current ratio is: (Round your answer to 2 decimal places.)

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter1: Starting A Proprietorship: Changes That Affect The Accounting Equation

Section: Chapter Questions

Problem 1ANFS

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A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $ 65 Accounts payable $ 243 Accounts receivable (net) 171 Other liabilities 84 Investments 58 Total current liabilities 327 Inventory 202 Long-term liabilities 117 Prepaid rent 27 Total liabilities 444 Total current assets 523 Stockholders' equity: Property & Equipment, (net) 264 Common stock 152 Retained earnings 191 Total stockholders’ equity 343 Total assets $ 787 Total liabilities and equity $ 787 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 0.66. 1.60. 2.59. 1.18.
A partial balance sheet for Captain D's Sportswear is shown below.(dollars in thousands) Assets: Liabilities: Cash $65 Accounts payable $247 Accounts receivable (net) 173 Other liabilities 87 Investments 59 Total current liabilities 334 Inventory 207 Long-term liabilities 117 Prepaid rent 27 Total liabilities 451 Total current assets 531 Stockholders' equity: Property & Equipment, (net) 257 Common stock 160 Retained earnings 177 Total stockholders’ equity 337 Total assets $788 Total liabilities and equity $788 The debt to equity ratio is: (Round your answer to 2 decimal places.) Multiple Choice 0.57. 1.34. 2.55. 0.99.
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Presented below are a number of a balance sheet items for Al-Rasheed company for the current year 2007. Fixed Assets Furnitures 325 Cars 1100 Building 3200 Owner's equity Capital 6735 Net income 170 With drawals 200 Long term liabilities Long payable 1000 Mortgage payable 1700 Short term liabilities Notes payable 470 Account payable 550 Current Assets Cash 1425 Bank 1550 Short term investment 900 Note receivable 500 Account receivable 675 Ending inventory 750 Ins:- 1-Prepare a classified balance sheet in a good format. ( used T account form )
Presented below are a number of a balance sheet items for Al-Rasheed company for the current year 2007. Fixed Assets Furnitures 325 Cars 1100 Building 3200 Owner's equity Capital 6735 Net income 170 With drawals 200 Long term liabilities Long payable 1000 Mortgage payable 1700 Short term liabilities Notes payable 470 Account payable 550 Current Assets Cash 1425 Bank 1550 Short term investment 900 Note receivable 500 Account receivable 675 Ending inventory 750 Ins:- 2-prepare a classified balance sheet in a good format. ( used statement form )
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Tech Supplies Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2020, are shown below. Tech Supplies Company, IncorporatedBalance SheetAt February 1, 2020($ in millions)Assets Current assets: Cash and cash equivalents $ 2,126Accounts receivable (net) 1,237Inventory 5,066Other current assets 422Total current assets 8,851Long-term assets 3,708Total assets $ 12,559Liabilities and Shareholders’ Equity Current liabilities: Accounts payable $ 5,200Other current liabilities 3,975Total current liabilities 9,175Long-term liabilities 2,246Shareholders’ equity 1,138Total liabilities and shareholders’ equity $ 12,559Tech Supplies Company, IncorporatedIncome StatementFor the Year Ended February 1, 2020($ in millions)Revenues $ 39,603Costs and expenses 38,168Operating income 1,435Other income (expense)* (80)Income…
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