The financial statements for Barrington Service Company include the following items 2024 Cash Short-term Investments. Net Accounts Receivable. Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable OA. 0.86 6.60 OC. 3.82 OD. 1.17 О в. B. 2025 $44,500 33,000 52,000 164,000 535,000 126,500 24,000 61,000 $44,000 20,000 56,000 49,000 554,000 128,000 17,000 50,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
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The financial statements for Barrington Service Company include the following items:
2025
2024
$44,500
33,000
52,000
Cash
Short-term Investments
Net Accounts Receivable.
Merchandise Inventory
Total Assets
Accounts Payable
Salaries Payable
Long-term Note Payable
OA. 0.86
OB. 6.60
OC. 3.82
OD. 1.17
164,000
535,000
126,500
24,000
61,000
$44,000
20,000
56,000
49,000
554,000
128,000
17,000
50,000
Transcribed Image Text:The financial statements for Barrington Service Company include the following items: 2025 2024 $44,500 33,000 52,000 Cash Short-term Investments Net Accounts Receivable. Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable OA. 0.86 OB. 6.60 OC. 3.82 OD. 1.17 164,000 535,000 126,500 24,000 61,000 $44,000 20,000 56,000 49,000 554,000 128,000 17,000 50,000
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