Answer letter D only 6.The following accounts are found in the trial balance of GoodwillTrading Corporation at December 31, 2018:otro00003 LandCashTrading SecuritiesInvestment Property(c)(d)Finished Goods InventoryAccounts ReceivableAllowance for Uncollectible AccountsBuildingsAccumulated Depreciation - BuildingsGoods in Process InventoryMaterials InventoryAccounts PayableIncome Tax PayableRequired:Show computations for the following:(a)Total current assets(b)Working capital0.01 BARTotal non-current liabilitiesTotal shareholders' equitybo161000DUNOVSHsansUnearned RentMortgage Payable, due in annual installmentsof P100,000Interest Payablealoin togodihmon aTodoroP35,000130,000900,0003,000,000350,000320,00034,0005,000,0001,200,000280,000120,000240,00087,00024,000500,00010,000

The business raises funds either by equity or debt. The company can issue common or preferred shares…

6. ochra The following accounts are found in the trial balance of Goodwill Trading Corporation at December 31, 2018: Cash Trading Securities Investment Property Land Finished Goods Inventory Accounts Receivable Allowance for Uncollectible Accounts Buildings (c) (d) ao? priboir giapa keter Accumulated Depreciation - Buildings Goods in Process Inventory Materials Inventory Accounts Payable Income Tax Payable DEVOV Unearned Rent upl Mortgage Payable, due in annual installments of P100,000 Interest Payable Required: es Show computations for the following: (a) Total current assets (b) Working capital Total non-current liabilities Total shareholders' equity to shaoin modih bs mes Spr P35,000 130,000 900,000 3,000,000 350,000 320,000 34,000 5,000,000 1,200,000 280,000 120,000 240,000 87,000 24,000 500,000 10,000

6. ochra The following accounts are found in the trial balance of Goodwill Trading Corporation at December 31, 2018: Cash Trading Securities Investment Property Land Finished Goods Inventory Accounts Receivable Allowance for Uncollectible Accounts Buildings (c) (d) ao? priboir giapa keter Accumulated Depreciation - Buildings Goods in Process Inventory Materials Inventory Accounts Payable Income Tax Payable DEVOV Unearned Rent upl Mortgage Payable, due in annual installments of P100,000 Interest Payable Required: es Show computations for the following: (a) Total current assets (b) Working capital Total non-current liabilities Total shareholders' equity to shaoin modih bs mes Spr P35,000 130,000 900,000 3,000,000 350,000 320,000 34,000 5,000,000 1,200,000 280,000 120,000 240,000 87,000 24,000 500,000 10,000

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing

Section: Chapter Questions

Problem 14E

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