the following information was obtained from the accounts of airlines international d 544225
The following information was obtained from the accounts of Airlines International dated December 31, 2000. It is presented in alphabetical order.
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the following information was obtained from the accounts of airlines international d 544225
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$ 77,916 |
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Accounts receivable |
67,551 |
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Accrued expenses |
23,952 |
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Accumulated depreciation |
220,541 |
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Allowance for doubtful accounts |
248 |
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Capital in excess of par |
72,913 |
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Cash |
28,837 |
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Common stock (par $.50, authorized 20,000 |
|
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shares, issued 14,304 shares) |
7,152 |
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Current installments of long-term debt |
36,875 |
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Deferred income tax liability (long term) |
42,070 |
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Inventory |
16,643 |
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Investments and special funds |
11,901 |
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Long-term debt, less current portion |
393,808 |
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Marketable securities |
10,042 |
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Other assets |
727 |
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Prepaid expenses |
3,963 |
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Property, plant, and equipment at cost |
809,980 |
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Retained earnings |
67,361 |
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Unearned transportation revenue (airline |
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tickets expiring within one year) |
6,808 |
RequiredPrepare a classified balance sheet in report form.
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