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Graham Balance Sheet: AC Corporation

The balance sheet shows assets of PHP 200,000 with current assets making up 37% and property, plant, and equipment making up 49.5%. Liabilities include current liabilities of PHP 42,000 or 21% and long term liabilities of PHP 143,000 or 71.5% with stockholder's equity being PHP 15,000 or 7.5%.

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Gine Frencillo
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25 views

Graham Balance Sheet: AC Corporation

The balance sheet shows assets of PHP 200,000 with current assets making up 37% and property, plant, and equipment making up 49.5%. Liabilities include current liabilities of PHP 42,000 or 21% and long term liabilities of PHP 143,000 or 71.5% with stockholder's equity being PHP 15,000 or 7.5%.

Uploaded by

Gine Frencillo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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AC

CORPORATION
GRAHAM
BALANCE SHEET
December 31,
2002
Amount Percent

Assets

Current assets Php 74,000.00 37%

Property, plant, and equipment (net) 99,000.00 49.50%

Intangibles 27,000.00 13.50%

Total asset Php 200,000 100.00%

Liabilities and stockholder’s equity

Current liabilities 42,000.00 21.00%

Long term liabilities 143,000.00 71.50%

Stockholder’s equity 15,000.00 7.50%

Total liabilities and stockholder’s equity 200,000.00 100.00%

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