11.1Selected accounts from Han Corporation’s trial balance are as follows. Prepare the detailed schedule showing the Property, Plant, and Equipment. HAN CORPORATIONTrial BalanceDecember 31(Selected Accounts)DebitCredit$ 150,000145,000CashShort-term Marketable SecuritiesAccounts Receivable26,000Inventories90,000Other current Assets10,000Land350,000BuildingsAccumulated Depreciation: Buildings300,000$40,000EquipmentAccumulated Depreciation: Equipment145,00010,000Goodwill40,000Other Intangible Assets20,000

Property, Plant, and Equipment is a fixed assets head under the Balance Sheet assets side that shows…

HAN CORPORATION Trial Balance December 31 (Selected Accounts) Debit Credit Cash $ 150,000 Short-term Marketable Securities 145,000 Accounts Receivable 26,000 Inventories 90,000 Other current Assets 10,000 Land 350,000 Buildings Accumulated Depreciation: Buildings 300,000 $40,000 145,000 Equipment Accumulated Depreciation: Equipment 10,000 Goodwill 40,000 Other Intangible Assets 20,000

HAN CORPORATION Trial Balance December 31 (Selected Accounts) Debit Credit Cash $ 150,000 Short-term Marketable Securities 145,000 Accounts Receivable 26,000 Inventories 90,000 Other current Assets 10,000 Land 350,000 Buildings Accumulated Depreciation: Buildings 300,000 $40,000 145,000 Equipment Accumulated Depreciation: Equipment 10,000 Goodwill 40,000 Other Intangible Assets 20,000

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter12: Capital Structure

Section: Chapter Questions

Problem 1PROB

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