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Q: Information related to plant assets, natural resources, and intangibles at the end of 2011 for Spain Caompany is as follows: buildings $1,100,000; accumalated depreciation- buildings $650,000;
goodwill $410,000; coal mine $500,000; accumalted depletion- coal mine $108,000. Prepare a partial balance sheet of Spain Company for these items.
A: Property, Plant, [ and Equipment (PPE) Buildings...............1,100,000 Less: accum derprc: (650,000) Total Buildings.....450,000 Coal Mine...........500,000 Less depletion:.....108,000 Total Coal Mine.....392,000 Total PPE.........842,000 Goodwill............410,000 Total Long Lived Assets ...........1,252,000 ]
Expert answered|thewolf010|Points 370|
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Asked 5/3/2012 6:04:43 PM
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