Can anybody help me solve this problem? I have difficulties with it. Thanks Balance sheet presentation The following balance sheet was prepared by the bookkeeper for Perry Company as of December 31, 2007. Perry Company ...

Current assets Cash $79,100 Common stock trading 24,000 Available-for-sale 43,300 Accounts receivable $59,000 Less: Allowance for doubtful accounts 4,800 54,200 Inventories 52,000 Total current assets $252,600 Long-term investments

1- The current section of a balance sheet includes which one of the following accounts? 1- Office Expenses 2- Accumulated depreciation 3- Advances from Clients 4- Mortgage Payable Thanks for your help Dell

Hi, Just wondering been having some problems with my Balance Sheet balancing, I was wondering if the Trial Balance balances, does that mean that the balance sheet will balance? (given that I do everything correctly? ) Also just a quick question while I'm asking, regarding depreciation in...

OK so I am trying to complete a balance sheet and there is 90,000 for cash but there is additional information that states "Cash included the cash surrender value of life insurance policy 12,400 and a bank overdraft of 1,500 has been deducted" I do not what to do with that information because...