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slava [35]
3 years ago
12

OALSBFBDPALSNDFBDHAOAOZJXBFB

Social Studies
1 answer:
storchak [24]3 years ago
6 0

dhosbdvdjsncgeoaoallloooksndbegsifofjdbwjqisnvdufkekdmbxjcbdhdkdyttipqlmgrmcxssklohendsmhsus<u><em>brainliest</em></u>jdhwsbjsxnxjxkxjsks

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Assume that Denis Savard Inc. has the following accounts at the end of the current year.
GaryK [48]

Answer:

Since the answer requires the preparation of a balance sheet, please refer to the explanation section for the answer.

Explanation:

ASSETS

Long Term Assets

Property, Plant & Equipment

Intangible Assets

Long Term Investments

Total Non-current Assets

Current Assets

Cash

Inventory

Accounts Receivable

Notes Receivable

Total Current Assets

Total Assets

LIABILITIES AND EQUITY

Long Term Liabilities

Bonds Payable

Total Non-current Liabilities

Current Liabilities

Notes Payable

Accrued Expenses

Payables

Total Current Liabilities

Total Liabilities

Shareholders' Equity

Common Stock

Treasury Stock

Additional Paid in Capital

Minority Interest

Retained Earnings

Total Shareholders' Equity

Total Liabilities and Equity

Note that a classified balance sheet is one in which information about a company's equity, liabilities, and assets (along with the subsegments under each classification and category) is reported as on a specific date. Balance sheets can be created for any date but are usually created at the end of the financial year of the company or at the end of a shorter accounting period, for example, quarter end and semi-annual etc. The word classification is used since the balance sheet "classifies" certain types of account under one general account name. So rather than mentioning all the accounts that a company can possible have in the balance sheet, you include generic forms that club various accounts together. Details of all the accounts can be provided in the notes to the financial statements. This makes a balance sheet much easier to read for a user of the financial statement and makes for easier comparisons between years and between other companies.

The balance sheet provided above has, first of all, divided the accounts into 3 distinct classifications (represented in the accounting equation) which is assets, liabilities, and equity. These are then further broken into short term and long term (for example current assets and non-current assets). Finally, these are further broken down into line items encompassing a bunch of individual accounts.

So, for example, the line item that reads Property Plant & Equipment has clubbed the following accounts mentioned in the question: Accumulated Depreciation - Buildings, Land Held for Future Plant Site, and Buildings.

The following can be provided in the notes and reflects on how the categories were grouped line item wise.

(1) Intangible assets refer to copyright (which is long term in nature)

(2) Long term investments refer to preferred stock investments (long term)

(3) Cash refers to both Cash and Cash restricted for plant expansion

(4) Inventory refers to Raw Materials, Work in Process, and Finished Goods

(5) Accounts Receivable refers to Receivables - Officers and Allowance for Doubtful Accounts (which is a contra asset account)

(6) Bonds payable refers to Bonds Payable (due in 4 years) and discount on bonds

(7) Accrued Expenses refer to Unearned Rent Revenue and Unearned Subscriptions Revenue

6 0
3 years ago
How can someone dislike something as much as the seafarer dislikes life at sea and yet be drawn to it?
salantis [7]
<span>It is like he is addicted to it, and he tries to get away from it, but he can't and he knows that even though it is hard, he will grow and learn something from it.
If we see this in biological view, something that attract our curiousity tend to release chemical in our brain that make us drawn to it even though we may be aware about the danger or negative effects of that thing</span>
3 0
3 years ago
Dividends normally carry a _______ balance and are shown in the ______________. Credit; Balance sheet Debit; Income statement De
Alexandra [31]

Answer:

debit; stockholders' equity

Explanation:

The blank will be filled with debit; stockholders' equity                      

Dividends normally carry a Debit balance and shown in stockholders' equity.

A dividend is the sum of money paid by the company to the shareholders from the profit.                    

stockholder equity is the amount of asset left after all the liabilities are paid.

6 0
3 years ago
According to Piaget's theory of cognitive development, the ability to think about things that are not concrete, make predictions
Svetlanka [38]

Answer:

Formal Operational Stage

Explanation:

According to Piaget's theory of cognitive development, the ability to think about things that are not concrete, make predictions, and use logic to come up with hypotheses about the future is attained during the <em>Formal Operational Stage.</em> This stage starts at age 11 and goes through adulthood. Kids develop the ability to think about abstract ideas, make predictions, and think logically.

7 0
3 years ago
What is the best suited rectilinear instrument to smooth the pulpal floor for an amalgam preparation?
arlik [135]

Dentalhoe is the best-suited rectilinear instrument to smooth the pulpal floor for an amalgam preparation.

The pulpal floor of enamel is the bottom line. Your tooth pulp is the innermost layer of your tooth that consists of nerves and blood vessels. Your teeth pulp is protected by layers of dentin and enamel.

Dental amalgam is a dental filling fabric used to fill cavities because of tooth decay. Dental amalgam is an aggregate of metals, such as liquid (elemental) mercury, and a powdered alloy composed of silver, tin, and copper. about 1/2 (50%) of dental amalgam is elemental mercury by weight.

Restrict the pulpal depth of the instruction to a maximum of 0.2mm into dentin. The training for an occlusal surface pit and fissure lesion to be restored with amalgam is first organized to a depth of 1.5mm, as measured at the central fissure.

Learn more about amalgam here brainly.com/question/17811914

#SPJ4

5 0
2 years ago
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