Accounting

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This financial statement shows the company's assets, liabilities, and equities as of a point in time. On the liabilities side, payables are $75,000 and long term debt is $190,000. On the equities side, capital stock is $267,000 and retained earnings are $138,000 with minority interest of $20,000. Total assets equal total liabilities and equities of $690,000.

Business

Liabilities& Equities Assets
Payables 75000 Cash & Receivables 55000
Long TermDebt 190000 Inventory 205000
Capital Stock 267000 PPE 390000
RetainedEarning 138000 Total PPE
MI 20000 Goodwill 40000
690000 690000

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Accounting

1. Liabilities& Equities Assets Payables 75000 Cash & Receivables 55000 Long TermDebt 190000 Inventory 205000 Capital Stock 267000 PPE 390000 RetainedEarning 138000 Total PPE MI 20000 Goodwill 40000 690000 690000

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