Dear Tomo,

Thank you for your sixth message. My comments follow in another email.

This week we will study the income statement. We have two lessons on

the income statement. The new lesson is at:

http://www72.homepage.villanova.edu/susan.stiner/cgu/income101.htm

Sincerely,

Prof. Sue Stiner

Tomoko Iiduka wrote:

Dear Prof. Stiner,

Thank you for your six message.

> What beach did you see? What do you do at the beach?

In Chiba. I played body board.

> Do you think it is important to your career to know English?

Yes, I do.

I saw homepage of balance sheet example.

Beach Toys, Inc.

Balance Sheet

January 10, 2001

ASSETS LIABILITIES $ 0

Current Assets

Cash $ 20,000

Long-term assets

Land $ 10,000 STOCKHOLDERS' EQUITY

Building $ 60,000 Common stock, 9,000, shares, 10 par $90,000

Total Long-term Assets $ 70,000 TOTAL LIABILITIES AND $90,000

TOTAL ASSETS $ 90,000 STOCKHOLDERS' EQUITY

> 1. What is the new cash value on the balance sheet?

Answer; It's value is $20.000.

> 2. What is the new value of the long-term assets?

Answer; It's value is $70.000.

3. What is the new value of the total assets?

Answer: It's value is $90.000.

>4. What is the new value of the total liabilities and stockholders' equity?

Answer; It's value is $90.000.

> 5. Please send me the Japanese translation for the following words.

> Please write the words in romajii.

Sincerely,

Tomo.

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