Class Notes (839,471)
Canada (511,354)
Economics (953)
julie (1)
Lecture

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Department
Economics
Course Code
Economics 1021A/B
Professor
julie

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Description
AL B’s SHOE SALES LTD Balance Sheet As at December 31, 2007 Asset Current Assets Cash 67.5 Accounts Receivable, Net 223.9 Inventory December 31, 2007 663 Marketable Securities 57.6 Allowance for Doubtful Accounts 27 Prepaid Expenses 34.8 Total Current Assets 1073.8 Fixed Assets Land 1464.9 Equipment cost 210 Less: Accumulated Depreciation- Equipment (52.2) Building Cost 360.7 Less: Accumulated Depreciation- Building (67.5) Goodwill 11.1 Total Fixed Assets 1927 Total Assets
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