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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
prepare statement of
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
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