ACC 421Intermediate Financial Accounting IAxia College of University of Phoenix

ACC 421Intermediate Financial Accounting IAxia College of University
of Phoenix (UoP)Intermediate AccountingWeygandt Kieso WarfieldWeek Four (Week 4)Exercise
5-5 (E5-5) (Preparation of a Corrected Balance Sheet) Uhura Company has decided
to expand its operations. The bookkeeper recently completed the balance sheet
presented below in order to obtain additional funds for expansion.AND SO
ONInstructionsPrepare a revised balance sheet given the available
information. Assume that the accumulated depreciation balance for the buildings
is $160000 and for the office equipment $105000. The allowance for doubtful
accounts has a balance of $17000. The pension obligation is considered a
long-term liability.