US GAAP Balance Sheet Practice Entries
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32 Terms
Trading Securities
Current Assets
Bonds Payable
Long term Liabilities
Accounts Receivable
Current Assets
Goodwill
Intangible Assets
Retained Earnings
Stockholder’s Equity: Retained Earnings
Note Payable, due in 4 years
Long Term Liabilities
Accumulated Depreciation
Property, Plant, and Equipment (negative)
Cash held by trustee for repayment of bonds
Investment and Funds
Current maturities of long term debt
Current Liabilities
Unearned Rent Revenue
Current LiabilitiesL
Land held for price appreciation
Investment and Funds
Long term investments in securities
Investments and Funds
Paid in capital in excess par on common stock
Stockholder’s equity: contributed capital
Income tax payable
Current liabilities
Cash
Current Assets
Inventories
Current Assets
Patents
Intangible Assets
Accounts Payable
Current Liabilities
Pension Obligations
Long term liabilities
Accrued Vacation Cost
Current Liabilities
Land
Property, Plant, and Equipment
Notes Receivable from company officers, due in 10 years
Other Assets
Premium on Bonds Payable
Long Term Liabilities
Discount on Bond Payable
Long term Liabilities
Sales
Not reflected on the balance sheet
Tax expense
Not reflected on balance sheet
Allowance for doubtful accounts
Current Assets (negative)
Building
Property, Plant, and Equipment
Cash restricted for plant expansion
Investment and Funds
Treasury Stock
Stockholders’s Equity: Contributed Capital (Negative)O
Office Supplies
Current Assets
Prepaid Insurance
Current Assets