Ok guys I have 4 questions to ask. Question 1 I am constructing a balance sheet and I need help with missing numbers Assets Liabilities Cash 10,000,000 Accounts Payable is 20,000,000...

Complete the balance sheet and sales information that follows using the following financial data: Debt Ratio=45%. Current Ratio=2x. Total Asset turnover=1.7x. Days Outstanding=46 days. Gross Profit Margin on Sales (sales-cost of goods sold/sales)=15%. Inventory Turnover=5x. Calculation...

I am trying to do my income statement, retained earnings and balance sheet from my adjusted trial balance sheet. I am confused from my book about the debits and credits. When I transfer them over from the adjusted sheet. Do they stay on the same sides. For example: assests will be on the...

Company Ledger Preparation 12-31 2007 2006 Cash 35,000 32,000 Accounts receivable 33,000 30,000 Allowance for doubtful...