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MICI Puricu. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 Assets 2019 2018 Cash...
IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 Assets Cash $ 77,300...
IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 Assets Cash $ 77,300 $ 61,000 Accounts receivable, net 90,500 68,000 Inventory 80,800 112,000 Prepaid expenses 6,100 8,800 Total current assets 254,700 249,800 Equipment 141,000 132,000 Accum. depreciation—Equipment (35,500 ) (17,500 ) Total assets $ 360,200 $ 364,300 Liabilities and Equity Accounts payable $ 42,000 $ 55,500 Wages payable 7,700 18,400 Income taxes payable 5,100 7,200 Total current liabilities 54,800 81,100 Notes payable (long term) 33,400 77,000 Total...
2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 83,...
2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 83, 300 Accounts receivable, net 75,500 Inventory 70,800 Prepaid expenses 5, 100 Total current assets 234, 700 Equipment 131,000 Accum. depreciation-Equipment (30,500) Total assets $335, 200 Liabilities and Equity Accounts payable $ 32,000 Wages payable 6,700 Income taxes payable 4,100 Total current liabilities 42,800 Notes payable (long term) 31,400 Total liabilities 74, 200 Equity Common stock, $5 par value 234,000 Retained earnings 27,000 Total liabilities...
2018 IKTBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 97,900...
2018 IKTBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 97,900 Accounts receivable, net 89.000 Inventory 79, 800 Prepaid expenses 6,000 Total current assets 272, 700 Equipment 140,000 Accun. depreciation-Equipment (35,000) Total assets $377, 700 Liabilities and Equity Accounts payable $ 41.000 Wages payable 7,600 Income taxes payable 5,000 Total current liabilities 53, 600 Notes payable (long tern) 46.000 Total liabilities 99,600 Equity Connon stock. $5 par value 252,000 Retained earnings 26.100 Total liabilities and...
2018 IKIBAN INC Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 86,300 Accounts receivable, net 68...
2018 IKIBAN INC Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 86,300 Accounts receivable, net 68,000 Inventory 65,800 Prepaid expenses 4.600 Total current assets 224,700 Equipment 126,000 Accum. depreciation-Equipment (28,000) Total assets $322,700 Liabilities and Equity Accounts payable $ 27,000 Wages payable 6,200 Income taxes payable 3,600 Total current liabilities 36,800 Notes payable (long term) 30,400 Total liabilities 67,200 Equity Common stock, $5 par value 224,000 Retained earnings 31,500 Total liabilities and equity $322,700 $ 46,000...
2016 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $ 97,900...
2016 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $ 97,900 Accounts receivable, net 89,000 Inventory 79, 800 Prepaid expenses 6,000 Total current assets 272,700 Equipment 140,000 Accum. depreciation-Equipment (35,000) Total assets $377,700 Liabilities and Equity Accounts payable $ 41,000 Wages payable 7,600 Income taxes payable 5,000 Total current liabilities 53,600 Notes payable (long term) 46,000 Total liabilities 99,600 Equity Common stock, $5 par value 252,000 Retained earnings 26,100 Total liabilities and equity $377, 700...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 84,500 Accounts receivable, net 72,500 Inventory 68,800 Prepaid expenses 4,900 Total current assets 230, 700 Equipment 129,000 Accum. depreciation-Equipment (29,500) Total assets $330, 200 Liabilities and Equity Accounts payable $ 30,000 Wages payable 6,500 Income taxes payable 3,900 Total current liabilities 40, 400 Notes payable (long term) 31,000 Total liabilities 71,400 Equity Common stock, $5 par...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30,...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 83,300 75,500 70, 800 5, 100 234, 700 131,000 (30, 500) $335, 200 $ 51,000 58,000 97,000 6, 800 212,800 122,000 (12,500) $322, 300 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total...
The following financial statements and additional information are reported IKIBAN INC. Comparative Balance Sheets June 30,...
The following financial statements and additional information are reported IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 73,700 99,500 86,800 6,700 266, 700 147.000 (38,500) $375,200 $ 67,000 74,000 121,000 10,000 272,000 138,000 (20.500) $389,500 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par...
The following financial statements and additional Information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June...
The following financial statements and additional Information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 79,700 Accounts receivable, net 84,500 Inventory 76,800 Prepaid expenses 5,700 Total current assets 246,700 Equipment 137,000 Accum. depreciation-Equipment (33,500) Total assets $350,200 Liabilities and Equity Accounts payable $ 38,000 Wages payable 7,300 Income taxes payable 4,700 Total current liabilities 50,000 Notes payable (long term) 32,600 Total liabilities 82,600 Equity Common stock, $5 par value 246,000 Retained...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30,...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 75,500 95,000 83,800 6,400 260,700 144,000 (37,000) $367,700 $ 64,000 71,000 116,500 9,400 260,900 135,000 (19,000) $376,900 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value...
2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 83, 300 Accounts receivable, net 75,500 Inventory 70,800 Prepaid expenses 5, 100 Total current assets 234, 700 Equipment 131,000 Accum. depreciation-Equipment (30,500) Total assets $335, 200 Liabilities and Equity Accounts payable $ 32,000 Wages payable 6,700 Income taxes payable 4,100 Total current liabilities 42,800 Notes payable (long term) 31,400 Total liabilities 74, 200 Equity Common stock, $5 par value 234,000 Retained earnings 27,000 Total liabilities...
2018 IKTBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 97,900 Accounts receivable, net 89.000 Inventory 79, 800 Prepaid expenses 6,000 Total current assets 272, 700 Equipment 140,000 Accun. depreciation-Equipment (35,000) Total assets $377, 700 Liabilities and Equity Accounts payable $ 41.000 Wages payable 7,600 Income taxes payable 5,000 Total current liabilities 53, 600 Notes payable (long tern) 46.000 Total liabilities 99,600 Equity Connon stock. $5 par value 252,000 Retained earnings 26.100 Total liabilities and...
2018 IKIBAN INC Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 86,300 Accounts receivable, net 68,000 Inventory 65,800 Prepaid expenses 4.600 Total current assets 224,700 Equipment 126,000 Accum. depreciation-Equipment (28,000) Total assets $322,700 Liabilities and Equity Accounts payable $ 27,000 Wages payable 6,200 Income taxes payable 3,600 Total current liabilities 36,800 Notes payable (long term) 30,400 Total liabilities 67,200 Equity Common stock, $5 par value 224,000 Retained earnings 31,500 Total liabilities and equity $322,700 $ 46,000...
2016 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $ 97,900 Accounts receivable, net 89,000 Inventory 79, 800 Prepaid expenses 6,000 Total current assets 272,700 Equipment 140,000 Accum. depreciation-Equipment (35,000) Total assets $377,700 Liabilities and Equity Accounts payable $ 41,000 Wages payable 7,600 Income taxes payable 5,000 Total current liabilities 53,600 Notes payable (long term) 46,000 Total liabilities 99,600 Equity Common stock, $5 par value 252,000 Retained earnings 26,100 Total liabilities and equity $377, 700...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 84,500 Accounts receivable, net 72,500 Inventory 68,800 Prepaid expenses 4,900 Total current assets 230, 700 Equipment 129,000 Accum. depreciation-Equipment (29,500) Total assets $330, 200 Liabilities and Equity Accounts payable $ 30,000 Wages payable 6,500 Income taxes payable 3,900 Total current liabilities 40, 400 Notes payable (long term) 31,000 Total liabilities 71,400 Equity Common stock, $5 par...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 83,300 75,500 70, 800 5, 100 234, 700 131,000 (30, 500) $335, 200 $ 51,000 58,000 97,000 6, 800 212,800 122,000 (12,500) $322, 300 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total...
The following financial statements and additional information are reported IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 73,700 99,500 86,800 6,700 266, 700 147.000 (38,500) $375,200 $ 67,000 74,000 121,000 10,000 272,000 138,000 (20.500) $389,500 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par...
The following financial statements and additional Information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 79,700 Accounts receivable, net 84,500 Inventory 76,800 Prepaid expenses 5,700 Total current assets 246,700 Equipment 137,000 Accum. depreciation-Equipment (33,500) Total assets $350,200 Liabilities and Equity Accounts payable $ 38,000 Wages payable 7,300 Income taxes payable 4,700 Total current liabilities 50,000 Notes payable (long term) 32,600 Total liabilities 82,600 Equity Common stock, $5 par value 246,000 Retained...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 75,500 95,000 83,800 6,400 260,700 144,000 (37,000) $367,700 $ 64,000 71,000 116,500 9,400 260,900 135,000 (19,000) $376,900 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value...
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