Homework Help is Here – Start Your Trial Now!
Business
Accounting
COMPARATIVE STATEMENT OF FINANCIAL POSITION PT UHUY AS OF 31ST DECEMBER 2018 AND 31ST DECEMBER 2019 2019 2018 Changes ASSETS Cash 90,000 107,000 (17,000) Account Receivable (net) 102,600 116,000 (13,400) Inventories 294,400 270.000 24,400 Investment 120,000 (120,000) Equipment 986,000 750,000 236,000 Accumulated Equipment Depreciation- (227,400) (256,000) 28,600 TOTAL ASSETS 1,245,600 1,107,000 138,600 LIABILITIES & EQUITY Account Payable 123,000 85,200 37,800 Bonds Payable 200,000 (200,000) Common Stock 500,000 400,000 100,000 Paid-in Capital in excess of par - Common Stock 150,000 100,000 50,000 Retained Earnings 472,600 321,800 150,800 TOTAL LIABILITIES AND EQUITY 1,245,600 1,107,000 138,600

COMPARATIVE STATEMENT OF FINANCIAL POSITION PT UHUY AS OF 31ST DECEMBER 2018 AND 31ST DECEMBER 2019 2019 2018 Changes ASSETS Cash 90,000 107,000 (17,000) Account Receivable (net) 102,600 116,000 (13,400) Inventories 294,400 270.000 24,400 Investment 120,000 (120,000) Equipment 986,000 750,000 236,000 Accumulated Equipment Depreciation- (227,400) (256,000) 28,600 TOTAL ASSETS 1,245,600 1,107,000 138,600 LIABILITIES & EQUITY Account Payable 123,000 85,200 37,800 Bonds Payable 200,000 (200,000) Common Stock 500,000 400,000 100,000 Paid-in Capital in excess of par - Common Stock 150,000 100,000 50,000 Retained Earnings 472,600 321,800 150,800 TOTAL LIABILITIES AND EQUITY 1,245,600 1,107,000 138,600

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

prepare statement of cash flows using indirect method!

COMPARATIVE STATEMENT OF FINANCIAL POSITION PT UHUY AS OF 31ST DECEMBER 2018 AND 31ST DECEMBER 2019 2019 2018 Changes ASSETS Cash 90,000 107,000 (17,000) Account Receivable (net) 102,600 116,000 (13,400) Inventories 294,400 270.000 24,400 Investment 120,000 (120,000) Equipment 986,000 750,000 236,000 Accumulated Equipment Depreciation- (227,400) (256,000) 28,600 TOTAL ASSETS 1,245,600 1,107,000 138,600 LIABILITIES & EQUITY Account Payable 123,000 85,200 37,800 Bonds Payable 200,000 (200,000) Common Stock 500,000 400,000 100,000 Paid-in Capital in excess of par - Common Stock 150,000 100,000 50,000 Retained Earnings 472,600 321,800 150,800 TOTAL LIABILITIES AND EQUITY 1,245,600 1,107,000 138,600
Transcribed Image Text:COMPARATIVE STATEMENT OF FINANCIAL POSITION PT UHUY AS OF 31ST DECEMBER 2018 AND 31ST DECEMBER 2019 2019 2018 Changes ASSETS Cash 90,000 107,000 (17,000) Account Receivable (net) 102,600 116,000 (13,400) Inventories 294,400 270.000 24,400 Investment 120,000 (120,000) Equipment 986,000 750,000 236,000 Accumulated Equipment Depreciation- (227,400) (256,000) 28,600 TOTAL ASSETS 1,245,600 1,107,000 138,600 LIABILITIES & EQUITY Account Payable 123,000 85,200 37,800 Bonds Payable 200,000 (200,000) Common Stock 500,000 400,000 100,000 Paid-in Capital in excess of par - Common Stock 150,000 100,000 50,000 Retained Earnings 472,600 321,800 150,800 TOTAL LIABILITIES AND EQUITY 1,245,600 1,107,000 138,600
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Cash Flow Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS