can i pleasw have help on the comparative balance sheet Comparative Balance Sheet December 31, 2020...
can you please check if i am correct please thank you Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Assets Current Assets: Cash Accounts Receivable, Net Inventory (sunglasses) Prepaid Insurance Prepaid Rent Total Current Assets S $ $ $ $ $ 90,000 130,000 135,000 25,000 $ $ $ $ $ S 70,000 90,000 80,000 20,000 12,000 272,000 380,000 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets $ S $...
can i please have help with setting up the income statement please thank you We were unable to transcribe this image2020 2019 Liabilities and Stockholders' Equity Current Liabilities: Accounts Payable Notes Payable Salaries Payable Federal Income Taxes Payable Total Current Liabilities S $ $ $ $ 75,000 20,000 40,000 10,000 145,000 $ $ $ $ $ 40,000 60,000 30,000 25,000 155,000 Long Term Liabilities Note Payable Total Liabilities $ $ $ 60,000 205,000 $ $ 37,000 192,000 130,000 Stockholders' Equity:...
Prepare a Cash Flow Statement. Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2018 2019 $ Assets Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500 $ Property, plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets $ $ $ $ 500,000 (80,000) 420,000 809,700 $ $...
Prepare a Cash Flow statement using indirect method Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 Assets 2019 2018 Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets $ $ $ $ $ 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, Plant, and Equipment Total Assets 500,000 (80,000) 420,000 809,700...
Using horizontal analysis, perpare a Comparative Balance Sheet. Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets $ $ $ $ $ $ 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, plant, and Equipment Total Assets $ $ $...
Presented below are the comparative balance sheets of Joe’s Garage, Inc., at December 31, 2020, and 2019. Sales for the year ended December 31, 2020, totaled $1,780,000. JOE’S GARAGE, INC. Balance Sheets December 31, 2020, and 2019 2020 2019 Assets Cash $ 90,000 $ 98,000 Accounts receivable 268,000 212,000 Merchandise inventory 402,000 394,000 Total current assets $ 760,000 $ 704,000 Land 132,000 120,000 Plant and equipment 728,000 650,000 Less: Accumulated depreciation (372,000 ) (314,000 ) Total assets $ 1,248,000 $...
Presented here are the comparative balance sheets of Hames Inc. at December 31, 2020 and 2019. Sales for the year ended December 31, 2020, totaled $650,000. HAMES INC. Balance Sheets December 31, 2020 and 2019 2020 2019 $ 19,000 78,000 103,000 $ 200,000 50,000 125,000 (65,000) $ 310,000 $ 20,000 72,000 99,000 $191,000 40,000 110,000 (60,000) $ 281,000 Assets Cash Accounts receivable Merchandise inventory Total current assets Land Plant and equipment Less: Accumulated depreciation Total assets Liabilities Short-term debt Accounts...
Prepare Statement of cash flows for current year using indirect method. Dynamic Drones Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash Accounts Receivable, Net Merchandise Inventory Prepaid Rent Total Current Assets $60,000 $140,000 $110,000 $20,000 $330,000 $80,000 $100,000 $70,000 $10,000 $260,000 Property, plant, and Equipment: Equipment $400,000 Less: Accumulated Depreciation - Equipment ($60,000) Total Property, Plant, and Equipment $340,000 Total Assets $670,000 $191,000 ($42,400) $148,600 $408,600 2019 2018 Liabilities and Stockholders' Equity Current Liabilities:...
The comparative balance sheet of Nathan Company appears below: NATHAN COMPANY Comparative Balance Sheet December 31, Assets 2019 $420 2018 $333 Current assets 780 567 $1,200 $900 $168 $144 Plant assets Total assets Liabilities and stockholders' equity Current liabilities Long-term debt Common stock Retained earnings Total liabilities and stockholders' equity 300 162 432 306 300 288 $ 1.200 $900 Using verticaranalysis, prepare a common size comparative arance sneer, rouno percentages to u decima praces, egz NATHAN COMPANY Comparative Balance Sheet...
Using horizontal analysis, prepare a Comparative Balance Sheet. thats all the information i was given Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets $ $ $ $ $ $ 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, plant,...