Homework Answers
Add Answer to:
Bradley Co. Balance Sheet For the years ended December 31, 2019 and 2018 12/31/2019 12/31/2018 $...
prepare a Statement of Cashflow in the Indirect method, by using the balance sheet and addition...
prepare a Statement of Cashflow in the Indirect method, by using
the balance sheet and addition information.
Bradley Co. Balance Sheet For the years ended December 31, 2019 and 2018 12/31/2019 12/31/2018 $ S 1,200 4,000 10,890 520 670 230 17,510 1,900 5,100 13,900 500 600 200 22,200 $ S 13,600 12,000 $ Assets Current Assets: Cash Accounts Receivable Inventories Prepaid Insurance Prepaid Rent Supplies Total Current Assets Property, plant, & Equipment 5 Land 5 Buildings 7 Equipment 8 Less:...
The following is the comparative balance sheet as of December 31, 2019 and 2018 and the...
The following is the comparative balance sheet as of December 31, 2019 and 2018 and the income statement for the year ended December 31, 2019 for Lynbrook Inc.: Lynbrook Inc. Comparative Balance Sheet December 31, 2019 and 2018 Assets: 2019 2018 Cash $ 39 $ 81 Accounts receivable 640 588 Inventory 650 610 Total current assets 1,329 1,279 Property, Plant & Equipment 1,505 1484 Less: Accumulated depreciation (770) (651) Net Property, Plant & Equipment 735 833 Total Assets $ 2,064...
most create T-accounts and Journal Entries 52 BBBB, Inc. Balance Sheet December 31, 2019 Liabilities Assets...
most create T-accounts and Journal Entries
52 BBBB, Inc. Balance Sheet December 31, 2019 Liabilities Assets Current Liabilities $ 18,600 28.000 46,600 Current Assets $ 151,000 8000 159,000 Taxes Payable Note Payable-Land Total Current Liabilities Cash Merchandise Inventory Total Current Assets Long-Term Liabilities 100.000 146,600 Fixed Assets Note Payable-Bank Total Liabilities Land 30,000 Other Assets Security Deposit owners Equity $ 5,.000 Common Stock Retained Earnings Total Owners Equity Total Liabilities and 43409 8400 Owners' Equity $195.000 Total Assets $ 195,000...
NORTH COMPANY Income Statement For the Year Ended December 31, 2019 $770,000 Sales Revenue Cost of...
NORTH COMPANY Income Statement For the Year Ended December 31, 2019 $770,000 Sales Revenue Cost of Goods Sold $550,000 Wages Expense Advertising Expense 195,000 31,000 Depreciation Expense 24,000 Interest Expense 20,000 Gain on Sale of Land (25,000) 795,000 Net Loss $(25,000) NORTH COMPANY Balance Sheets Dec. 31, 2019 Dec. 31, 2018 Assets $32,000 $80,000 Cash 49,000 42,000 Accounts Receivablé 107,000 115,000 Inventory Prepaid Advertising 10,000 14,000 Plant Assets 360,000 210,000 Accumulated Depreciation (80,000) (56,000) Total Assets $519,000 $364,000 Liabilities and...
The following is the comparative balance sheet as of December 31, 2019 and 2018 and the...
The following is the comparative balance sheet as of December 31, 2019 and 2018 and the income statement for the year ended December 31, 2019 for Lynbrook Inc.: Lynbrook Inc. Comparative Balance Sheet December 31, 2019 and 2018 Assets: 2019 2018 Cash $ 39 $ 81 Accounts receivable 640 588 Inventory 650 610 Total current assets 1,329 1,279 Property, Plant & Equipment 1,505 1484 Less: Accumulated depreciation (770) (651) Net Property, Plant & Equipment 735 833 Total Assets $...
lif TE = BALANCE SHEET December 31 2019 2018 Assets Cash $ 53,000 $ 22,000 Accounts...
lif TE = BALANCE SHEET December 31 2019 2018 Assets Cash $ 53,000 $ 22,000 Accounts receivable 80,000 76,000 Merchandise inventory 185,000 189,000 Land 70,000 100,000 Equipment 265,000 200,000 Accumulated depreciation (66,000) (32,000) Total assets $587,000 $555,000 Liabilities and Shareholders' Equity Accounts payable $ 39,000 $ 47,000 Bank loan payable 150,000 200,000 Common shares 199,000 174,000 Retained carnings 199,000 134,000 Total liabilities and shareholders' equity $587,000 $555,000 Additional information: 1. Profit was $115,000. 2. Sales were $978,000. 3. Cost of...
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 for SeawaySeaway Travel Services, Inc., for December 31, 2017 and 2016 is...
The comparative balance sheet for SeawaySeaway Travel Services, Inc., for December 31, 2017 and 2016 is as follows: Seaway Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 Assets 2017 2016 Current assets: Cash $45,000 $19,000 Accounts receivable 78,000 82,000 Inventory 63,000 22,000 Prepaid insurance 9,000 10,000 Total current assets $195,000 $133,000 Land $110,000 $115,000 Equipment 78,000 61,000 Less: Accumulated depreciation (14,000) (9,000) Total assets $369,000 $300,000 Liabilities Current liabilities: Accounts payable $23,000 $35,000 Wages payable 34,000 25,000...
Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019, together with...
Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019, together with comparative data for the year ended December 31, 2018. From the statement of cash flows for the year ended December 31, 2019. you determine the following (amounts in thousands of dollars): Net income for the year ended December 31, 2019, was $104. Dividends paid during the year ended December 31, 2019, were $32. Cash increased $32 during the year ended December 31, 2019 The...
prepare a Statement of Cashflow in the Indirect method, by using
the balance sheet and addition information.
Bradley Co. Balance Sheet For the years ended December 31, 2019 and 2018 12/31/2019 12/31/2018 $ S 1,200 4,000 10,890 520 670 230 17,510 1,900 5,100 13,900 500 600 200 22,200 $ S 13,600 12,000 $ Assets Current Assets: Cash Accounts Receivable Inventories Prepaid Insurance Prepaid Rent Supplies Total Current Assets Property, plant, & Equipment 5 Land 5 Buildings 7 Equipment 8 Less:...
most create T-accounts and Journal Entries
52 BBBB, Inc. Balance Sheet December 31, 2019 Liabilities Assets Current Liabilities $ 18,600 28.000 46,600 Current Assets $ 151,000 8000 159,000 Taxes Payable Note Payable-Land Total Current Liabilities Cash Merchandise Inventory Total Current Assets Long-Term Liabilities 100.000 146,600 Fixed Assets Note Payable-Bank Total Liabilities Land 30,000 Other Assets Security Deposit owners Equity $ 5,.000 Common Stock Retained Earnings Total Owners Equity Total Liabilities and 43409 8400 Owners' Equity $195.000 Total Assets $ 195,000...
NORTH COMPANY Income Statement For the Year Ended December 31, 2019 $770,000 Sales Revenue Cost of Goods Sold $550,000 Wages Expense Advertising Expense 195,000 31,000 Depreciation Expense 24,000 Interest Expense 20,000 Gain on Sale of Land (25,000) 795,000 Net Loss $(25,000) NORTH COMPANY Balance Sheets Dec. 31, 2019 Dec. 31, 2018 Assets $32,000 $80,000 Cash 49,000 42,000 Accounts Receivablé 107,000 115,000 Inventory Prepaid Advertising 10,000 14,000 Plant Assets 360,000 210,000 Accumulated Depreciation (80,000) (56,000) Total Assets $519,000 $364,000 Liabilities and...
lif TE = BALANCE SHEET December 31 2019 2018 Assets Cash $ 53,000 $ 22,000 Accounts receivable 80,000 76,000 Merchandise inventory 185,000 189,000 Land 70,000 100,000 Equipment 265,000 200,000 Accumulated depreciation (66,000) (32,000) Total assets $587,000 $555,000 Liabilities and Shareholders' Equity Accounts payable $ 39,000 $ 47,000 Bank loan payable 150,000 200,000 Common shares 199,000 174,000 Retained carnings 199,000 134,000 Total liabilities and shareholders' equity $587,000 $555,000 Additional information: 1. Profit was $115,000. 2. Sales were $978,000. 3. Cost of...
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...
Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019, together with comparative data for the year ended December 31, 2018. From the statement of cash flows for the year ended December 31, 2019. you determine the following (amounts in thousands of dollars): Net income for the year ended December 31, 2019, was $104. Dividends paid during the year ended December 31, 2019, were $32. Cash increased $32 during the year ended December 31, 2019 The...
Most questions answered within 3 hours.
-
Refer to the following table to answer the next five questions:
Number of Workers Output 1...
asked 15 seconds ago -
Which Model can be selected if user is involved in all phases of
sdlc.
select one...
asked 1 minute ago -
An initial solution is made by combing 13 mL of 0.8 M
chloroacetic acid with 20...
asked 6 minutes ago -
Pellets of mass 2.0 g are fired in parallel paths with speeds of
120 m/s through...
asked 11 minutes ago -
You perform a study to investigate whether exercise influences
sleep duration. Participants record their total sleep...
asked 14 minutes ago -
The cell Cu(s)(1M) | Cu2+ || (1M) |
Cu(s) has E = 0.182 V
The cell...
asked 26 minutes ago -
i. y[n + 1] + 1.5y[n] = x[n]
ii. y[n + 1] + 0.8y[n] = x[n]...
asked 29 minutes ago -
A researcher is interested in students' opinions regarding an
additional annual fee to support non-income-producing varsity...
asked 33 minutes ago -
In about a paragraph or more, discuss why does a fund such as,
Invesco CEF Income...
asked 31 minutes ago -
A six-sided die is rolled 500 times. Use the CLT to approximate
the probability that the...
asked 34 minutes ago -
Water is poured into a container that has a leak. The mass m of
the water...
asked 39 minutes ago -
Shakespeare - whether you like his writing or not - is well
known for his writing...
asked 48 minutes ago