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  • NEXT CALCULATOR FULL SCREEN PRINTER VERSION BACK Following we selected balance sheet counts of bramble Bros....

    NEXT CALCULATOR FULL SCREEN PRINTER VERSION BACK Following we selected balance sheet counts of bramble Bros. Corp. at December 11, 2020 and 2019, and the increases or decreases in each account from 2019 to 2020. Also presented is selected income statement information for the year ended December 31, 2020, and additional information Selected balance sheet accounts 2020 $33.900 Property, plant,...

  • Following are selected balance sheet accounts of Despacito Corp. at December 31, 2018 and 2017, and...

    Following are selected balance sheet accounts of Despacito Corp. at December 31, 2018 and 2017, and the increases or decreases in each account from 2017 to 2018.  Also presented is selected income statement information for the year ended December 31, 2018, and additional information.                                                                                                                         Increase Selected balance sheet accounts                   2018                2017                (Decrease)        Assets:    Accounts receivable                                   $100,000            $ 94,000              6,000    Inventory                                                        55,000             70,000             (15,000)    Prepaid Expenses                                            30,000           25,000 5,000    Property, plant, and...

  • Following are selected balance sheet accounts of Despacito Corp. at December 31, 2018 and 2017, and...

    Following are selected balance sheet accounts of Despacito Corp. at December 31, 2018 and 2017, and the increases or decreases in each account from 2017 to 2018. Also presented is selected income statement information for the year ended December 31, 2018, and additional information. Selected balance sheet accounts                    2018                2017                (Decrease)      Assets:    Accounts receivable                                   $100,000            $ 94,000             ...

  • Excel Homework Problem Due Date: September 14, 2020 by 11:59 pm An inexperienced accounting intern prepared...

    Excel Homework Problem Due Date: September 14, 2020 by 11:59 pm An inexperienced accounting intern prepared the following December 31, 2020 Balance Sheet for Scan House, Inc. Scan House, Inc. Collection of Balances for Year ended 12/31/20 Other assets 13,600 Long-term liabilities 24,100 Property, plant, and equipment 123,500 Current liabilities 66,600 Long-term investments 13,600 Contributed capital 17,000 Intangible asset 7,700...

  • Celine Dion Company issued $600,000 of 10%, 20-year bonds onJanuary 1, 2020, at 102. Interest...

    Celine Dion Company issued $600,000 of 10%, 20-year bonds on January 1, 2020, at 102. Interest is payable semiannually on July 1 and January 1. Celine Dion Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.7705%.Prepare the journal entries to record the following.(Round intermediate calculations to 6 decimal places, e.g. 1.251247...

  • Bradley Co. Balance Sheet For the years ended December 31, 2019 and 2018 12/31/2019 12/31/2018 $...

    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...

  • CPA-CIA in progress provided the following account balances on December 31, 2023 which had been adjusted...

    CPA-CIA in progress provided the following account balances on December 31, 2023 which had been adjusted except for income tax expense: Cash 800,000 Accounts receivable 2,800,000 Inventory 3,000,000 Property, plant and equipment at carrying amount 10,500,000 Accounts payable 1,800,000 Income tax payable 2,400,000 Bonds payable – due December 31, 2024. 1,300,000 Share capital 2,500,000 Share premium 3,000,000 Retained earnings, January...

  • CPA-CIA in progress provided the following account balances on December 31, 2023 which had been adjusted...

    CPA-CIA in progress provided the following account balances on December 31, 2023 which had been adjusted except for income tax expense: Cash ....................... ....................... ....................... ..... 800,000 Accounts receivable ....................... ....................... ....................... ..... 2,800,000 Inventory ....................... ....................... ....................... ..... 3,000,000 Property, plant and equipment at carrying amount ....................... ....................... ....................... ..... 10,500,000 Accounts payable ....................... ....................... ....................... ..... 1,800,000 Income...

  • Instructions The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year....

    Instructions The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year. 20Y1 July 1 Issued $74,000,000 of 20-year, 11% callable bonds dated July 1, 20Y1, at a market (effective) rate of 13%, receiving cash of $63,532,267. Interest is payable semiannually on December 31 and June 30. Paid the semiannual interest on the bonds. The bond...

  • Smiley Corporation wholesales repair products to equipment manufacturers. On April 1, Year 1, Smiley Corporation issued...

    Smiley Corporation wholesales repair products to equipment manufacturers. On April 1, Year 1, Smiley Corporation issued $18,400,000 of five-year, 8% bonds at a market (effective) interest rate of 7%, receiving cash of $19,165,153. Interest is payable semiannually on April 1 and October 1. Required: A. Journalize the entries to record the following. Refer to the Chart of Accounts for exact...

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