Selected accounts from Han Corporation’s trial balance are as follows.Han CorporationTrial BalanceDecember 31(Selected Accounts) DebitCreditCash$150,000 Short-Term Marketable Securities143,000 Accounts Receivable25,000 Inventories90,000 Other Current Assets20,000 Land310,000 Buildings300,000 Accumulated Depreciation-Buildings $40,000 Equipment143,000 Accumulated Depreciation-Equipment 15,000 Goodwill40,000 Other Intangible Assets20,000 Prepare the detailed schedule showing the Property, Plant, and Equipment. Property, Plant, and Equipment, Net $fill in the blank 2 fill in the blank 4 fill in the blank 6Gross Property, Plant, and Equipment$fill in the blank 7 fill in the blank 9Total Property, Plant, and Equipment, Net$fill in the blank 10

Financial statement: Financial statements are organized summaries of detailed information about the…

Answered: Selected accounts from Han…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

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Problem 6RE: Oz Corporation has the following assets at year-end: Patents (net), 26,000; Land, 50,000; Buildings,...

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Selected accounts from Han Corporation’s trial balance are as follows.

Han Corporation
Trial Balance
December 31
(Selected Accounts)
	Debit	Credit
Cash	$150,000
Short-Term Marketable Securities	143,000
Accounts Receivable	25,000
Inventories	90,000
Other Current Assets	20,000
Land	310,000
Buildings	300,000
Accumulated Depreciation-Buildings		$40,000
Equipment	143,000
Accumulated Depreciation-Equipment		15,000
Goodwill	40,000
Other Intangible Assets	20,000

Prepare the detailed schedule showing the Property, Plant, and Equipment.



Property, Plant, and Equipment, Net
	$fill in the blank 2
	fill in the blank 4
	fill in the blank 6
Gross Property, Plant, and Equipment	$fill in the blank 7
	fill in the blank 9
Total Property, Plant, and Equipment, Net	$fill in the blank 10

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