Module 6.1 Cash Flow D-1 Financing Activities

Module 6.1 Cash Flow D-1 Financing Activities - $17,000...

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Evergreen Inc. Comparative Balance Sheets December 31, 2011 Assets 12/31/2011 12/31/2010 Cash $367,000 $329,000 Accounts Receivable $80,000 $83,000 Inventory $213,000 $199,000 Prepaid Expenses $25,000 $21,000 Fixed Assets $463,000 $419,000 Accumulated Depreciation $(213,000) $(201,000) Total Assets $935,000 $850,000 Liabilities & Stockholders' Equity Accounts Payable $112,000 $120,000 Salaries Payable $30,000 $28,000 Notes Payable $10,000
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Unformatted text preview: $17,000 Bonds Payable $50,000 $30,000 Common Stock $600,000 $570,000 Retained Earnings $133,000 $85,000 Total Liabilities & $935,000 $850,000 Stockholders' Equity The change in retained earnings was due to net income of $55,000 and payment of dividends of $7,000 Issues of Common Stock Payment of dividends Bonds Payable Notes Payable $36,000.00 30,000.00 (7,000.00) 20,000.00 (7,000.00) 36,000.00...
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Module 6.1 Cash Flow D-1 Financing Activities - $17,000...

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