Random items from the Smyth Company Balance Sheet for December 31, 2005 are given below.
June 7th, 2024
Random items from the Smyth Company Balance Sheet for December 31, 2005 are given below. Use these items to reconstruct the balance sheet and solve for the amount of CASH shown on the Smyth Balance Sheet.Long-term debt (excluding current portion) = 677Current portion of long-term debt = 66Net fixed assets = 870Inventories = 286Retained earnings = 248Accruals = 91Accumulated depreciation = 81Common stock ($0.02 par value) = 277Additional paid in capital = 76Accounts receivable = 301Notes payable = 166Accounts payable = 157CASH = ???