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The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 2048, is as...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 2088, is as...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 2088, is as follows: Dec. 31, Dec. 31, 2019 2018 Assets Cash $317,330 Accounts receivable (net) 114,960 324,520 $293,490 105,410 312,100 120,910 Inventories Investments Land 166,450 0 Equipment Accumulated depreciation-equipment 358,050 (83,820) $1,197,490 275,930 (74,410) $1,033,430 Total assets $203,590 26,870 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Dividends payable Common stock, $10 par Paid-in capital: Excess of issue price over par-common stock 9,300 $216,750 21,550...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2019 Dec. 31, 2018 Assets Cash $275,740 Accounts receivable (net) 99,890 $257,980 92,660 274,330 106,280 Inventories 281,990 Investments Land 144,640 Equipment 311,120 (72,840) 242,540 (65,400) Accumulated depreciation-equipment Total assets $1,040,540 $908,390 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $188,340 18,730 10,410 56,190 211,230 $178,950 23,620 8,180 Dividends payable Common stock, $10 par 44,510 Paid-in capital: Excess of issue price...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2049 Dec. 31, 2048 Assets Cash $296,440 $274,170 Accounts receivable (net) 107,390 98,470 Inventories 303,140 291,540 Investments 0 112,950 Land 155,490 Equipment 334,470 257,760 Accumulated depreciation equipment (78,300) (69,510) Total assets $1,118,630 $965,380 0 Liabilities and Stockholders' Equity Accounts payable $202,470 $190,180 Accrued expenses payable 20,140 25,100 Dividends payable 11,190 8,690 Common stock, $10 par 60,410 47,300 Paid-in capital: Excess of...
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as...
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $275,320 $256,110 Accounts receivable (net) 99,740 91,980 Inventories 281,550 272,340 Investments 0 105,510 Land 144,410 0 Equipment 310,640 240,780 Accumulated depreciation—equipment (72,730) (64,930) Total assets $1,038,930 $901,790 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $188,050 $177,650 Accrued expenses payable (operating expenses) 18,700 23,450 Dividends payable 10,390 8,120 Common stock, $10 par 56,100 44,190 Paid-in...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31,...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2019 Dec. 31, 2018 ssets Cash Accounts receivable (net) Inventories Investments Land $251,460 91,090 257,150 $233,110 83,720 247,890 96,030 131,900 283,720 Equipment Accumulated deſreciation equipment Total assets (66,420) $948,900 219,150 (59,100) $820,800 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $171,750 $161,700 Accrued expenses payable (operating expenses) 17,080 21,340 Dividends payable 9,490 7,390 Common stock, $10...
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as...
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $241,300 $224,720 Accounts receivable (net) 87,410 80,710 Inventories 246,760 238,960 Investments 0 92,580 Land 126,570 0 Equipment 272,250 211,270 Accumulated depreciation—equipment (63,740) (56,970) Total assets $910,550 $791,270 Liabilities and Stockholders' Equity Accounts payable $164,810 $155,880 Accrued expenses payable 16,390 20,570 Dividends payable 9,110 7,120 Common stock, $10 par 49,170 38,770 Paid-in capital: Excess of issue...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31,...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 2049 and 20Y8, is as follows: Dec. 31, 2049 Dec. 31, 2048 Assets Cash $227,500 Accounts receivable (net) $242,880 87,990 248,370 81,710 Inventories 241,900 93,720 Investments Land 127,400 Equipment 274,040 (64,160) 213,880 (57,670) Accumulated depreciation-equipment Total assets $916,520 $801,040 Liabilities and Stockholders' Equity Accounts payable $157,800 $165,890 16,500 20,830 Accrued expenses payable Dividends payable 9,170 7,210 Common stock, $10 par 49,490 39,250 Paid-in capital:...
Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31,...
Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $270,460 $249,560 Accounts receivable (net) 97,980 89,630 Inventories 276,580 265,390 Investments 0 102,810 Land 141,860 0 Equipment 305,160 234,620 Accumulated depreciation—equipment (71,440) (63,270) Total assets $1,020,600 $878,740 Liabilities and Stockholders' Equity Accounts payable $184,730 $173,110 Accrued expenses payable 18,370 22,850 Dividends payable 10,210 7,910 Common stock, $10 par 55,110 43,060...
Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31,...
Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $265,010 $248,220 Accounts receivable (net) 96,000 89,150 Inventories 271,010 263,960 Investments 0 102,260 Land 139,000 0 Equipment 299,010 233,370 Accumulated depreciation—equipment (70,000) (62,930) Total assets $1,000,030 $874,030 Liabilities and Stockholders' Equity Accounts payable $181,010 $172,180 Accrued expenses payable 18,000 22,720 Dividends payable 10,000 7,870 Common stock, $10 par 54,000 42,830...
Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31,...
Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $228,590 $214,360 Accounts receivable (net) 82,810 76,990 Inventories 233,780 227,940 Investments 0 88,310 Land 119,900 0 Equipment 257,920 201,530 Accumulated depreciation—equipment (60,380) (54,340) Total assets $862,620 $754,790 Liabilities and Stockholders' Equity Accounts payable $156,130 $148,690 Accrued expenses payable 15,530 19,620 Dividends payable 8,630 6,790 Common stock, $10 par 46,580 36,980...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 2088, is as follows: Dec. 31, Dec. 31, 2019 2018 Assets Cash $317,330 Accounts receivable (net) 114,960 324,520 $293,490 105,410 312,100 120,910 Inventories Investments Land 166,450 0 Equipment Accumulated depreciation-equipment 358,050 (83,820) $1,197,490 275,930 (74,410) $1,033,430 Total assets $203,590 26,870 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Dividends payable Common stock, $10 par Paid-in capital: Excess of issue price over par-common stock 9,300 $216,750 21,550...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2019 Dec. 31, 2018 Assets Cash $275,740 Accounts receivable (net) 99,890 $257,980 92,660 274,330 106,280 Inventories 281,990 Investments Land 144,640 Equipment 311,120 (72,840) 242,540 (65,400) Accumulated depreciation-equipment Total assets $1,040,540 $908,390 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $188,340 18,730 10,410 56,190 211,230 $178,950 23,620 8,180 Dividends payable Common stock, $10 par 44,510 Paid-in capital: Excess of issue price...
The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2049 Dec. 31, 2048 Assets Cash $296,440 $274,170 Accounts receivable (net) 107,390 98,470 Inventories 303,140 291,540 Investments 0 112,950 Land 155,490 Equipment 334,470 257,760 Accumulated depreciation equipment (78,300) (69,510) Total assets $1,118,630 $965,380 0 Liabilities and Stockholders' Equity Accounts payable $202,470 $190,180 Accrued expenses payable 20,140 25,100 Dividends payable 11,190 8,690 Common stock, $10 par 60,410 47,300 Paid-in capital: Excess of...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2019 Dec. 31, 2018 ssets Cash Accounts receivable (net) Inventories Investments Land $251,460 91,090 257,150 $233,110 83,720 247,890 96,030 131,900 283,720 Equipment Accumulated deſreciation equipment Total assets (66,420) $948,900 219,150 (59,100) $820,800 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $171,750 $161,700 Accrued expenses payable (operating expenses) 17,080 21,340 Dividends payable 9,490 7,390 Common stock, $10...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 2049 and 20Y8, is as follows: Dec. 31, 2049 Dec. 31, 2048 Assets Cash $227,500 Accounts receivable (net) $242,880 87,990 248,370 81,710 Inventories 241,900 93,720 Investments Land 127,400 Equipment 274,040 (64,160) 213,880 (57,670) Accumulated depreciation-equipment Total assets $916,520 $801,040 Liabilities and Stockholders' Equity Accounts payable $157,800 $165,890 16,500 20,830 Accrued expenses payable Dividends payable 9,170 7,210 Common stock, $10 par 49,490 39,250 Paid-in capital:...
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