1PL1 - Peach Blossom Cologne Company PL-1 1 of 2 Analytical...

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Peach Blossom Cologne Company PL-1 1 of 2 Analytical Procedures 12-31-09 Balance Sheet Accounts Per Per Audit Books Dollar Percent 12-31-08 12-31-09 Change Change Assets: 101 Cash-Big City National Bank 339,415 420,678 81,263 23.9% *** 105 Accounts receivable 124,021 235,380 111,359 89.8% *** 106 Allowance for bad debts (10,485) (4,800) 5,685 -54.2% *** Net receivables 113,536 230,580 117,044 103.1% 109 Inventory 777,152 600,580 (176,572) -22.7% *** Total current assets 1,230,103 1,251,838 21,735 1.8% 210 Land 82,250 82,250 0 0.0% 220 Buildings 276,263 276,263 0 0.0% 221 Accum. depn.- buildings (65,416) (74,625) (9,209) 14.1% 230 Machinery and equipment 540,845 737,045 196,200 36.3% *** 231 (160,866) (185,939) (25,073) 15.6% *** 240 Automotive equipment 99,425 118,925 19,500 19.6% *** 241 Accum. depn.- auto. equip. (52,798) (81,892) (29,094) 55.1% *** 250 106,433 113,233 6,800 6.4% 251 (37,581) (43,073) (5,492)
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This note was uploaded on 11/13/2011 for the course ACCT 470 taught by Professor Fdsafd during the Summer '09 term at Franklin.

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