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MEERA LTD. Comparative Statements of Financial Position December 31 .................................................................................2017 .............................................................2016   Land Buildings Accumulated depreciation—buildings Accounts receivable £ 20,000 70,000 (15,000) 20,800 £ 26,000 70,000 (10,000) 23,400 Cash Total Share capital—ordinary Retained earnings 17,660 £113,460 £ 75,000 26,090 10,700 £120,100 £ 72,000 20,000 Accounts payable Total 12,370 £113,460 28,100 £120,100   Additional information: 1. Net income was £22,590. Dividends declared and paid were £16,500. 2. All other changes in non-current account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for £5,000. Instructions (a) Prepare a statement of cash flows for 2017 using the indirect method

Indy Furniture CompanyTrial BalanceNovember 30, 2011 Cash . ............................................. $21,800Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,200Finished Goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,900Work in Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . —Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,400Building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000Accumulated Depreciation—Building . .............. $3,000Machinery and Equipment ......................... 88,000Accumulated Depreciation—Mach. and Equip. . ..... 2,200Accounts Payable . ................................. 8,900Payroll . . .......................................... —Capital Stock . . . ................................... 422,550Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .…

I need prepare the income statement in accordance with genrally accepted accounting principles.    Revenue: services provides to cotumers.......$17,000 investment by stockholders..............5,000 loan from bank.....................................15,000                                                                                           total        $37,000 expenses: Payments to long-term creditors...........................$11,700 expenses required to provide services to cutomers....................................................7,800 purchased of land......................................................16,000                                                                                                       total    35,500                                                                             net income        $1,500

Boscia Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents......................... $ 44 $ 38 Accounts receivable .................................. 82 69 Inventory ................................................... 71 69 Plant and equipment .................................. 537 500 Accumulated depreciation......................... ( 240) ( 201) Total assets................................................ $494 $475 Liabilities and stockholders’ equity: Accounts payable ...................................... $ 70 $ 60 Wages payable........................................... 24 21 Taxes payable ............................................ 19 22 Bonds payable ........................................... 226 300 Deferred taxes............................................ 19 18 Common stock........................................... 22 20 Retained earnings...................................... 114 34 Total…

Below are recorded transactions of Yellow Jacket Corporation for August.                                                                                            Debit              Credit1. Equipment........................................................ 8,800                                 Cash.............................................................. 8,8002. Accounts Receivable..................................... 3,200                                 Service Revenue....................................... 3,2003. Salaries Expense............................................ 1,900                                Cash.............................................................. 1,9004. Cash................................................................... 1,500                               Deferred Revenue.................................... 1,5005. Dividends.......................................................... 900…

AY PARK CORPORATION   Comparative Balance Sheet                                                                                     Dec. 31, 2021 Dec. 31, 2020   Assets   Cash.................................................................... $ 23,000.................................................................. $ 12,000   Accounts receivable.............................................. 18,000.......................................................... 14,000   Prepaid expenses................................................. 6,000............................................................ 9,000   Inventory.............................................................. 27,000.......................................................... 18,000   Long-term investment in bonds............................. -0- .................................................................... 18,000   Equipment............................................................…

Selected account balances and transactions of Alpine Manufac-turing Co. follow: Account BalancesMay 1 May 31Raw materials . . . .................................. $ 6,000 $ 5,500Factory supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800 900Work in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,500 6,500Finished goods .................................... 12,000 13,200May Transactions:a. Purchased raw materials and factory supplies on account atcosts of $45,000 and $10,000, respectively. (One inventoryaccount is maintained.)b. Incurred wages during the month of $65,000 ($15,000 was forindirect labor).c. Incurred factory overhead costs in the amount of $42,000 onaccount.d. Made adjusting entries to record $10,000 of factory overhead for items such as depreciation (credit Various Credits). Fac-tory overhead was closed to Work in Process. Completed jobs were transferred to Finished Goods, and the cost of jobssold was charged…

Please help with a, b, and c.

Calculate liquidity measures The following amounts were reported on theDecember 31, 2013, balance sheet: Cash.......................................... $ 8,000Accounts receivable .................. 22,000Common stock ......................... 40,000Wages payable ......................... 5,000Retained earnings ..................... 80,000Land .......................................... 20,000Accounts payable ..................... $ 15,000Bonds payable .......................... 120,000Merchandise inventory .............. 30,000Buildings and equipment, net ofaccumulated depreciation ..... 180,000 Required:a. Calculate working capital at December 31, 2013.b. Calculate the current ratio at December 31, 2013.c. Calculate the acid-test ratio at December 31, 2013.

m AA Priva × system er... G governm... cv.blackboard.com G administr... Departm... BUS 241 - Principles Of Accounting I (20953) G reese rd e... Mastery Assignment Instructions đất 14K, thiIZAKIKAI AN XƯA KHI t shit & Jour 1841 Altith stAR/HA SIER Vô Blllt 4HKK they should balance. PA2.) Record journal entries for the following transactions of Barrera Suppliers. A. May 12: Sold 32 deluxe hammers at $195 each to a customer, credit terms 10/10, n/45, invoice date May 12; the deluxe hammers cost Barrera Suppliers $88 each. B. May 15: Customer returned 6 hammers for a full refund. The merchandise was in sellable condition at the original cost. Û + O C. May 20: Customer found 2 defective hammers but kept the merchandise for an allowance of $200. D. May 22: Customer paid their account in full with cash. x Content

5.On May 1, Soriano Co. reported the following account balances along with their estimated fair values: Receivables........................ Inventory........................... Copyrights ......................... Carrying Amount $ 90,000 75,000 125,000 825,000 $1,115,000 $ 160,000 645,000 100,000 210,000 $1,115,000 Fair Value $ 90,000 75,000 480,000 700,000 $1,345,000 $ 160,000 635,000 Patented technology Total assets . . . . . . . . ................ ................ Current liabilities . . . .Long-term liabilities. .Common stock . . . . .Retained earnings. . .Total liabilities and equities. . . . . . . . . . . ................ ................ ................ ................ LO 2-4, 2-5, 2-6b, 2-7 On that day, Zambrano paid cash to acquire all of the assets and liabilities of Soriano, which will cease to exist as a separate entity. To facilitate the merger, Zambrano also paid $100,000 to an investment banking firm.The following information was also…

Please help with d (total equity).

An inexperienced accountant for Morgan Company made the following incorrect entries.   1.Notes Receivable.......................................21,600 Accounts Receivable.......................................20,000 Interest Revenue..........................................1,600   Facts:  Accepted a $20,000, 1 year, 8% note from Joe Wood Company for balance due on account.   2.Accounts Receivable....................................20,000 Sales Revenue ...........................................20,000   Facts:  Accepted Visa credit card for $20,000; the service fee is 2%.     3.Allowance for Doubtful Accounts...........................12,300 Notes Receivable..........................................12,000 Interest Revenue..........................................300   Facts:M. Adler dishonored a $12,000, 10%, 3-month note because of bankruptcy. Adler is expected to pay. No interest had been accrued on the note.   Instructions Prepare entries to correct Morgan Company's books…

TRIAL balance dated Dec 31, 2019 MUSIC-IS-US, INCTRIAL BALANCEDECEMBER 31, 2018 cash …………………………………………………. $         45,000Marketable securities………………………….          25,000                                      Accounts receivable……………………………        125,000Allowance for doubtful accounts…………                                 $5,000Merchandise inventory………………………..       250,000Office supplies...................................................         1,200Prepaid insurance……………………………………       6,600    Building and fixtures……………………………     1,791,000                      Accumulated depreciation……………………….                               800,000 Land…………………………………………………...           64,800Accounts payable……………………………………                                 70,000Unearned customer deposits……………………                                 8,000Income taxes payable……………………………….                                75,000Capital stock………………………………………….                               1,000,000Retained…

TRIAL balance dated Dec 31, 2019 MUSIC-IS-US, INCTRIAL BALANCEDECEMBER 31, 2018 cash …………………………………………………. $         45,000Marketable securities………………………….          25,000                                      Accounts receivable……………………………        125,000Allowance for doubtful accounts…………                                 $5,000Merchandise inventory………………………..       250,000Office supplies...................................................         1,200Prepaid insurance……………………………………       6,600    Building and fixtures……………………………     1,791,000                      Accumulated depreciation……………………….                               800,000 Land…………………………………………………...           64,800Accounts payable……………………………………                                 70,000Unearned customer deposits……………………                                 8,000Income taxes payable……………………………….                                75,000Capital stock………………………………………….                               1,000,000Retained…