The following selected accounts (amounts in thousands of dollars) appear in the financial statements of The Jean Coutu Group (PJC) Inc.: Accounts payable $181,060 Accounts receivable 132.305 Amortization expense 40,455 Capital assets 185.028 Cash 5.861 Interest on long-term debt expense 12,143 Long-term debt 162.579 Other revenues 170,478 Prepaid expenses 3,414 Sale 2,118,892 Identify the accounts that would be included in a post-closing trial balance

The following selected accounts (amounts in thousands of dollars) appear in the financial statements of The Jean Coutu Group (PJC) Inc.: Accounts payable $181,060 Accounts receivable 132.305 Amortization expense 40,455 Capital assets 185.028 Cash 5.861 Interest on long-term debt expense 12,143 Long-term debt 162.579 Other revenues 170,478 Prepaid expenses 3,414 Sale 2,118,892 Identify the accounts that would be included in a post-closing trial balance

Name: The following selected accounts (amounts inthousands of dollars) appe
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Description: The following selected accounts (amounts inthousands of dollars) appear in the financialstatements of The Jean Coutu Group (PJC)Inc.:Accounts payable $181,060Accounts receivable 132.305Amortization expense 40,455Capital assets 185.028Cash 5.861Inter

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...

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The summarized trial balance of XYZ Corporation includes the following accounts on December 31,2022: Debit Credit Cash P 239,738 9,800 31,386 Accounts receivable Dividend receivable Interest receivable Investments at FVPL 956 136,910 Investments at FVOCI 3,760,944 1,310 Deferred tax asset Accounts payable P 20,506 Interest payable 560 Other payables 166 Income tax payable 484 Provision for employee benefits 1,504 Deferred tax liability 112,828 Share capital 2,736,048 Share premium 752,180 Retained Earnings 556,768 P4,181,044 P4,181,044 The provision for employee benefits includes P1,050 payable in the subsequent year. Required: 1. Prepare Statement of Financial Position
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We are given the following information for Pettit Corporation. Sales (credit) Cash Inventory Current liabilities. Asset turnover Current ratio Debt-to-assets ratio Receivables turnover $4,344,000 229,000 873,000 773,000 a. Accounts receivable b. Marketable securities c. Capital assets d. Long-term debt $ $ Current assets are composed of cash, marketable securities, accounts receivable, and inventory. Calculate the following balance sheet items: ta ta ta 1.45 times 2.80 times $ $ 50 % 8 times