Worksheet for Cash Flow Statement key.xlsx

Worksheet for Cash Flow Statement key.xlsx - Balance Sheet...

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Balance Sheet As of Dec. 31 Assets 2014 2013 Cash $149,730 $11,000 Accounts Receivable 66,122 19,000 Equity Investment (Trading) 25,000 Add: Fair value adjustment 5,000 30,000 Merchandise Inventory 16,064 22,000 Supplies 240 1,440 Prepaid Property Taxes 4,000 Prepaid Insurance 200 Deferred Tax Asset 409 Equity Investment (available for sale) 15,000 Add: Fair value adjustment 2,500 17,500 Equipment 109,407 36,200 Less: Accumulated Dep.-Equip -47,557 -7,240 Land 44,050 Building 167,300 Land Improvement 18,000 Goodwill 4,000 Unamortized Bond Issue Cost 8,333 Total Assets 587,800 82,400 Liabilities Accounts Payable 7,000 7,000 FICA Taxes Payable 2,754 Federal Inc. Tax Withheld Payable 3,240 State Inc. Tax Withheld Payable 1,080 Fed Unemployment Tax Payable 144 State Unemployment Tax Payable 972 Sales Taxes Payable 10,992 Income Tax Payable
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