SOLUCION A LOS PROBLEMAS DISCUTIDOS EN CLASE primer repaso

SOLUCION A LOS PROBLEMAS DISCUTIDOS EN CLASE primer repaso...

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Unformatted text preview: Balance Sheet Increase Debit Balances 2012 2011 (Decrease) Cash 815,000 $ 700,000 $ 115,000 $ Account receivable - Net 1,128,000 1,168,000 (40,000) Inventory 1,850,000 1,715,000 135,000 Property Plant, and Equipment 3,307,000 2,967,000 340,000 Accumulated depreciation (1,165,000) (1,040,000) (125,000) Investment in Myers Co. 310,000 275,000 35,000 Loan receivable 250,000- 250,000 Total assets 6,495,000 $ 5,785,000 $ Credit Balances Accounts Payable 1,015,000 $ 955,000 $ 60,000 $ Income tax payable 30,000 50,000 (20,000) Dividend payable 80,000 100,000 (20,000) Capital lease obligation 400,000- 400,000 Common Stock, $1 par 500,000 500,000- Paid-in capital in excess of par-common stock 1,500,000 1,500,000- Retained Earnings 2,970,000 2,680,000 290,000 Total 6,495,000 $ 5,785,000 $ December 31 C:\Users\Ivan\Documents\NATIONAL UNIVERSITY COLLEGE\INTERMEDIATE ACCOUNTING II - CONT 3150\EXCEL DOCUMENTS\PROBLEMAS\PROBLEM - CHAPTER 23.xlsxP23-1 _______________________________________________________ STATEMENT OF CASH FLOWS For the year ended December 31, 20_____ Cash flow from operating activities Net income 370,000 $ Adjustment to reconcile net income to net cash provided by operating activities:...
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SOLUCION A LOS PROBLEMAS DISCUTIDOS EN CLASE primer repaso...

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