Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 2 - A Further Look at Financial Statements - Problems - Set A - Page 82: P2-1A

Answer

Total current assets = 3,750,142 Total assets = 11,513,608

Work Step by Step

(1) Current liabilities plus long term liabilities plus shareholder's equity = Credit side of classified balance sheet (2) Current assets + long term investments + property plant and equipment + intangible assets + other assets = Debit side of balance sheet
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