Cash $6,100 $7,100 Accounts receivable 62,400 51,000 Short-term debt investments (available-for-sale) 34,700 18,100 Inventory 40,400 60,300 Prepaid rent 4,900 4,000 Equipment 154,100 130,600 Accumulated depreciation-equipment (34,900) (24,800) Copyrights 46,400 49,800 Total assets $314,100 $296,100 Accounts payable $46,500 $40,200 Income taxes payable 4,000 6,000 Salaries and wages payable 8,100 4,100 Short-term loans payable 7.900 10,100 Long-term loans payable 59,600 68,400 Common stock, $10 par 100,000 100,000 Paid-in capital, common stock 30,000 30,000 Retained earnings 58,000 37,300 Total liabilities and stockholders' equity $314,100 $296,100 Bonita Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue $339,800 Cost of goods sold 176,500 Gross profit 163,300 Operating expenses 120,500 SUP Operating income 42,800 nterest expense $11,300

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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answe must be in table format or i will give down vote

 

Cash
$6,100
$7,100
Accounts receivable
62,400
51,000
Short-term debt investments (available-for-sale)
34,700
18,100
Inventory
40,400
60,300
Prepaid rent
4,900
4,000
Equipment
154,100
130,600
Accumulated depreciation-equipment
(34,900)
(24,800)
Copyrights
46,400
49,800
Total assets
$314,100
$296,100
Accounts payable
$46,500
$40,200
Income taxes payable
4,000
6,000
Salaries and wages payable
8,100
4,100
Short-term loans payable
7.900
10,100
Long-term loans payable
59,600
68,400
Common stock, $10 par
100,000
100,000
Paid-in capital, common stock
30,000
30,000
Retained earnings
58,000
37,300
Total liabilities and stockholders' equity
$314,100
$296,100
Bonita Inc.
Income Statement
For the Year Ending December 31, 2025
Sales revenue
$339,800
Cost of goods sold
176,500
Gross profit
163,300
Operating expenses
120,500
SUP
Operating income
42,800
nterest expense
$11,300
Transcribed Image Text:Cash $6,100 $7,100 Accounts receivable 62,400 51,000 Short-term debt investments (available-for-sale) 34,700 18,100 Inventory 40,400 60,300 Prepaid rent 4,900 4,000 Equipment 154,100 130,600 Accumulated depreciation-equipment (34,900) (24,800) Copyrights 46,400 49,800 Total assets $314,100 $296,100 Accounts payable $46,500 $40,200 Income taxes payable 4,000 6,000 Salaries and wages payable 8,100 4,100 Short-term loans payable 7.900 10,100 Long-term loans payable 59,600 68,400 Common stock, $10 par 100,000 100,000 Paid-in capital, common stock 30,000 30,000 Retained earnings 58,000 37,300 Total liabilities and stockholders' equity $314,100 $296,100 Bonita Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue $339,800 Cost of goods sold 176,500 Gross profit 163,300 Operating expenses 120,500 SUP Operating income 42,800 nterest expense $11,300
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