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01D IM Assmt 1 Analytical Procedures - Prn

01D IM Assmt 1 Analytical Procedures - Prn - 649,331...

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=========================================================================================== Per Per Audit Books Dollar Percentage 12-31-02 12-31-03 Change Change =========================================================================================== LIABILITIES: 301 Accounts payable 223161 135550 (87,611) -39.3% ** 302 Accrued payroll taxes 113846 86253 (27,593) -24.2% ** 303 Wages and salaries payable 81239 (81,239) -100.0% ** 304 Accrued property taxes 14113 21988 7,875 55.8% 305 Accrued interest 10625 15833 5,208 49.0% 306 Dividends payable 17575 23125 5,550 31.6% 307 Federal income tax payable 63772 25000 (38,772) -60.8% ** 308 Notes payable-short term 125000 (125,000) -100.0% ** 350 Lease obligation-short term Total current liabilities
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Unformatted text preview: 649,331 307,749 (341,582)-52.6% 401 Notes payable-long term 475000 475,000 ** 450 Lease obligation-long term Total liabilities 649,331 782,749 133,418 20.5% OWNERS' EQUITY 501 Common stock 925000 925000 0.0% 505 Other contributed capital 736550 736550 0.0% 506 Unrealized gain/loss on investments 6473 6473 0.0% 601 Retained earnings 272435 529,683 257,248 94.4% ** 605 Dividends (17575) (23125) 5,550 31.6% 610 Current net income 274,823 318,585 43,762 15.9% ** Total owners' equity 2,197,706 2,493,166 295,460 13.4% Total liabilities & owners' equity 2,847,037 3,275,915 428,878 15.1% ** Change exceeds $20,000 or 100%....
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