Access Walgreens balance sheet in its 2010 annual report

by #686
Access Walgreens' balance sheet in its 2010 annual report by clicking on the Investor Relations
and Annual Report/Proxies links at www.walgreens.com.Requireda. Identify the dollar change in
the following subtotals: total current assets; total non-current assets; total current liabilities; total
non-current liabilities; and total shareholders' equity. (For example, total current assets
increased S 1,616.)b. Identify whether the accounting system would debit or credit each
subtotal to achieve the change. Treat each subtotal description as if it were an account. (For
example, an increase of $1,616 in total current assets would be accomplished with a debit to
that account.)c. Prepare one journal entry that records the changes in all subtotals. Again, use
the subtotal descriptions as if they were actual accounts.d. Does the entry in part c balance?
Should it? Explain why or why not.View Solution:
Access Walgreens balance sheet in its 2010 annual report by

ANSWER
http://paperinstant.com/downloads/access-walgreens-balance-sheet-in-its-2010-annual-report-
by/

1/1
Powered by TCPDF (www.tcpdf.org)