Dear Tomo,

 

This is my second reply to your sixth message.  My comments follow.

 

Sincerely,

Prof. Sue Stiner

 

 

Tomoko Iiduka wrote:

 

 Dear Prof. Stiner,

Thank you for your fourth message.

 

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

 

In Chiba. I played  body board.

 

Ø       Do you think it is important to your career toknow 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

    Building                   $60,000

 


   Total Long-term Assets       $70,000    

                                         STOCKHOLDERS' EQUITY

                                         Common stock, 9,000 shares,

par $10                             $ 90,000                               

  TOTAL ASSETS              $ 90,000   TOTAL LIABILITIES AND           $ 90,000              

                                          STOCKHOLDERS' EQUITY

    

 

 

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

 

Answer; It's value is $20.000.

 

Ø       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. Thank you for the vocabulary words.

 

 Sincerely,

 Tomo.

 

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