Homework Answers
Answer
Add Answer to:
Debits Credits > Credits by: Debits by: Cash Accounts receivable Inventory Prepaid expenses Long-term loans to...
Comparative Balance Sheet at December31 Last This Year Year Assets Cash Accounts receivable Inventory Prepaid expense:s...
Comparative Balance Sheet at December31 Last This Year Year Assets Cash Accounts receivable Inventory Prepaid expense:s Total current assets Property, plant, and equipment $9 15 240 175 6 436 470 85 385 19 $1,017 840 340 125 10 484 610 93 517 16 Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders equity...
Yoric Company listed the net changes In its balance sheet accounts for the past year as...
Yoric Company listed the net changes In its balance sheet accounts for the past year as follows Debits Credits > Credits by: Debits by: $ 17,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 119,000 $ 65,006 8,000 30,000 80,000 220,000 5,000 32,000 9,000 16,000 400,000 179,000 50,000 $606,000 $606,000 The following additional Information is avallable about last...
Problem 14-11 Missing Data; Statement of Cash Flows L014-1, LO14-2] Yoric Company listed the net changes...
Problem 14-11 Missing Data; Statement of Cash Flows L014-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows DebitsCredits> Credits by: Debits by: Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 110,000 $65,00e 8,000 30,000 80,000 220,000 5,000 32,000 9,000 16,000 170,000 50,000 $686,000 $686,000 The following additional information...
Accounts
Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits >Credits by:Credits >Debits by:Cash and cash equivalents$62,300Accounts receivable170,700Inventory$84,100Prepaid expenses4,000Long-term loans to subsidiaries102,000Long-term investments95,000Plant and equipment328,000Accumulated depreciation65,300Accounts payable49,100Accrued liabilities5,800Income taxes payable9,500Bonds payable406,000Common stock126,000Retained earnings75,800$791,800$791,800 The following additional information is available about last year’s activities: Net income for the year was $ ? .The company sold equipment during the year for $35,400. The equipment originally cost $160,900 and it had $127,100 in accumulated depreciation at the time of...
Problem 14-11 Missing Data; Statement of Cash Flows [LO14-1, LO14-2] Yoric Company listed the net changes...
Problem 14-11 Missing Data; Statement of Cash Flows [LO14-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: ces Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Debits > Credits > Credits by: Debits by: $122,700 170,700 $ 83,900 4,500 111,000 97,000 268,000 65,400 49,700 5,700 9,900 402,000 129,000...
Yoric Company listed the net changes in its balance sheet accounts for the past year as...
Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits > Credits by: Credits > Debits by: Cash and cash equivalents $ 103,000 Accounts receivable 171,000 Inventory $ 83,500 Prepaid expenses 5,000 Long-term loans to subsidiaries 105,000 Long-term investments 100,000 Plant and equipment 288,000 Accumulated depreciation 65,100 Accounts payable 49,500 Accrued liabilities 6,000 Income taxes payable 9,300 Bonds payable 407,000 Common stock 123,000 Retained earnings 76,600 $ 796,000 $ 796,000 The...
Problem 14-11 Missing Data; Statement of Cash Flows (L014-1, LO14-2] Yoric Company listed the net changes...
Problem 14-11 Missing Data; Statement of Cash Flows (L014-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the gast year as follows: Debits > Credits by: $ 96,500 170,900 Credits > Debits by: $ 83,000 4,300 114,800 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 95,000 307,000 65,400 49,200 5,900 9,900 407,000 125,000...
Problem 14-11 Missing Data; Statement of Cash Flows (LO14-1, LO 14-2] Yoric Company listed the net...
Problem 14-11 Missing Data; Statement of Cash Flows (LO14-1, LO 14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Credits > Debits by: Debits > Credits by: $ 118,900 170,300 $ 84,100 4,200 103,000 99,000 267,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 66,000 48,800 5,900 9,600 402,000...
Comparative Balance Sheet This Year Last Year Assets Current assets: Cash and cash equivalents Accounts receivable...
Comparative Balance Sheet This Year Last Year Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expense:s $61,000 $ 40,00e 530,000 860,00e 5,000 1,629,000 1,435,000 3,170,000 2,600,00e 755,000 2,360,000 1,845,000 110,000 170,000 $4,263,000 $3,560,006e 710,000 848, 000 10,000 Total current assets Property, plant, and equipment Less accumulated depreciation 810,00e Net property, plant, and equipment Long-term investments Loans to subsidiaries Total assets 60,000 214,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable $ 970,000...
GRANGER INC. Comparative Balance Sheets December 31 Assets 2016 Cash Accounts receivable Inventory Prepaid expenses Long-term...
GRANGER INC. Comparative Balance Sheets December 31 Assets 2016 Cash Accounts receivable Inventory Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable 2017 $ 80,800 87,800 112,500 28,400 138,000 285,000 (50,000) $682,500 $ 48,400 38,000 102,850 26,000 109,000 242,500 (52,000) $514,750 $102,000 16,500 110,000 az $ 67,300 21,000 146,000 ense 4.730 4,730 Less: Cost of goods sold $135,460 Operating expenses, excluding depreciation 12,410 Depreciation expense 46,500 Income tax expense...
Comparative Balance Sheet at December31 Last This Year Year Assets Cash Accounts receivable Inventory Prepaid expense:s Total current assets Property, plant, and equipment $9 15 240 175 6 436 470 85 385 19 $1,017 840 340 125 10 484 610 93 517 16 Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders equity...
Yoric Company listed the net changes In its balance sheet accounts for the past year as follows Debits Credits > Credits by: Debits by: $ 17,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 119,000 $ 65,006 8,000 30,000 80,000 220,000 5,000 32,000 9,000 16,000 400,000 179,000 50,000 $606,000 $606,000 The following additional Information is avallable about last...
Problem 14-11 Missing Data; Statement of Cash Flows L014-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows DebitsCredits> Credits by: Debits by: Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 110,000 $65,00e 8,000 30,000 80,000 220,000 5,000 32,000 9,000 16,000 170,000 50,000 $686,000 $686,000 The following additional information...
Problem 14-11 Missing Data; Statement of Cash Flows [LO14-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: ces Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Debits > Credits > Credits by: Debits by: $122,700 170,700 $ 83,900 4,500 111,000 97,000 268,000 65,400 49,700 5,700 9,900 402,000 129,000...
Problem 14-11 Missing Data; Statement of Cash Flows (L014-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the gast year as follows: Debits > Credits by: $ 96,500 170,900 Credits > Debits by: $ 83,000 4,300 114,800 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 95,000 307,000 65,400 49,200 5,900 9,900 407,000 125,000...
Problem 14-11 Missing Data; Statement of Cash Flows (LO14-1, LO 14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Credits > Debits by: Debits > Credits by: $ 118,900 170,300 $ 84,100 4,200 103,000 99,000 267,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 66,000 48,800 5,900 9,600 402,000...
Comparative Balance Sheet This Year Last Year Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expense:s $61,000 $ 40,00e 530,000 860,00e 5,000 1,629,000 1,435,000 3,170,000 2,600,00e 755,000 2,360,000 1,845,000 110,000 170,000 $4,263,000 $3,560,006e 710,000 848, 000 10,000 Total current assets Property, plant, and equipment Less accumulated depreciation 810,00e Net property, plant, and equipment Long-term investments Loans to subsidiaries Total assets 60,000 214,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable $ 970,000...
GRANGER INC. Comparative Balance Sheets December 31 Assets 2016 Cash Accounts receivable Inventory Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable 2017 $ 80,800 87,800 112,500 28,400 138,000 285,000 (50,000) $682,500 $ 48,400 38,000 102,850 26,000 109,000 242,500 (52,000) $514,750 $102,000 16,500 110,000 az $ 67,300 21,000 146,000 ense 4.730 4,730 Less: Cost of goods sold $135,460 Operating expenses, excluding depreciation 12,410 Depreciation expense 46,500 Income tax expense...
Most questions answered within 3 hours.
-
Reynold company is considering an investment of $130,000 in
new equipment. The new equipment is expected...
asked 14 minutes ago -
If a company’s stock price (P0) goes up, and nothing else
changes, Ke (the required rate...
asked 1 minute ago -
As a manager in today society, how can I use Harry Truman's
leadership skills and attributes...
asked 3 minutes ago -
The decomposition of SO2Cl2 is first order
and has a rate constant of + 2.90 x...
asked 3 minutes ago -
Why is protecting equipment an important element of this
concept, and how are some of the...
asked 13 minutes ago -
An asset used in a four-year project falls in the five-year
MACRS class (MACRS Table) for...
asked 14 minutes ago -
Break-even time. Hampton Corporation’s research
and development department is presenting a proposal for new product
research....
asked 18 minutes ago -
At Lake Itasca in Minnesota, the Mississippi river is only 25.0
feet wide. If you are...
asked 19 minutes ago -
A 2.0 μF parallel-plate air-filled capacitor is connected
across a 10 V battery.
(a) Determine the...
asked 29 minutes ago -
Write in Python This program:
1. Correct the compute_cells_state function which receives as
parameter an array...
asked 19 minutes ago -
1. What is the difference in the output layer between a neural
network used for classification,...
asked 27 minutes ago -
ECO
2013 &
asked 34 minutes ago