Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Current liabilities Accounts payable Notes payable Assets 2017 $ 9,279 23,683 42,636 $75,598 $272,047 Total Long-term debt Owners equity Common stock and paid-in surplus Accumulated retained earnings Total $347,645 Liabilities and Owners' Equity 2017 and 2018 Statement of Financial Position Total liabilities and owners' equity 2018 $ 11,173 25,760 46,915 $ 83,848 $297,967 $381,815 Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity For each account on Birtle Corporation's statement of financial position, show the change in the account during 2018 and note whether this change was a source or use of cash. (If there is no action select "None" from the dropdown options. Do not leave any empty spaces, Input a 0 wherever it is required. Negative answers should be Indicated by a minus sign. Omit $ sign in your response) 2017 $ 9,279 23,683 42,636 $ 75,598 $272,047 $347,645 Liabilities and Owners' Equity $ 41,060 16,157 $ 57,217 $ 40,000 $ 50,000 200,428 $250,428 $347.645 Change $ S $ $ $ $ $ 2017 1204 $ 41,060 16,157 $ 57,217 $ 40,000 $ 50,000 200,428 $250,428 $347,645 Sources/Uses (Click to select V (Click to select ✓ (Click to select V (Click to select V (Click to select V (Click to select V (Click to select V (Click to select V (Click to select V 2018 (Click to select V (Click to select V (Click to select V (Click to select $ 43,805 16,843 $ 60,648 $35,000 $ 50,000 236,167 $286,167 $381,815 2018 $ 11,173 25,760 46,915 $ 83,848 $297,967 $381,815 $ 43,805 16,843 $ 60,648 $ 35,000 $ 50,000 236,167 $286,167 $381,815
Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Current liabilities Accounts payable Notes payable Assets 2017 $ 9,279 23,683 42,636 $75,598 $272,047 Total Long-term debt Owners equity Common stock and paid-in surplus Accumulated retained earnings Total $347,645 Liabilities and Owners' Equity 2017 and 2018 Statement of Financial Position Total liabilities and owners' equity 2018 $ 11,173 25,760 46,915 $ 83,848 $297,967 $381,815 Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity For each account on Birtle Corporation's statement of financial position, show the change in the account during 2018 and note whether this change was a source or use of cash. (If there is no action select "None" from the dropdown options. Do not leave any empty spaces, Input a 0 wherever it is required. Negative answers should be Indicated by a minus sign. Omit $ sign in your response) 2017 $ 9,279 23,683 42,636 $ 75,598 $272,047 $347,645 Liabilities and Owners' Equity $ 41,060 16,157 $ 57,217 $ 40,000 $ 50,000 200,428 $250,428 $347.645 Change $ S $ $ $ $ $ 2017 1204 $ 41,060 16,157 $ 57,217 $ 40,000 $ 50,000 200,428 $250,428 $347,645 Sources/Uses (Click to select V (Click to select ✓ (Click to select V (Click to select V (Click to select V (Click to select V (Click to select V (Click to select V (Click to select V 2018 (Click to select V (Click to select V (Click to select V (Click to select $ 43,805 16,843 $ 60,648 $35,000 $ 50,000 236,167 $286,167 $381,815 2018 $ 11,173 25,760 46,915 $ 83,848 $297,967 $381,815 $ 43,805 16,843 $ 60,648 $ 35,000 $ 50,000 236,167 $286,167 $381,815
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Can you please help me
Transcribed Image Text:Current assets
Accounts receivable
Inventory
Fixed assets
Net plant and equipment
Total assets
Current assets
Accounts receivable
Inventory
Total
Net plant and equipment
Assets
Accounts payable
Notes payable
Assets
$ 9,279
23,683
42,636
$75,598
$272,047
Owner's equity
Common stock and paid-in surplus
Accumulated retained earnings
$347,645
Liabilities and Owners' Equity
2017 and 2018 Statement of Financial Position
Total liabilities and owners' equity
$11,173
25,760
46,915
$83,848
$297,967
$381,815
Current liabilities
Accounts payable
Notes payable
Total
Long-term debt
Owners' equity
Common stock and paid-in surplus
Retained earnings
Total
For each account on Birtle Corporation's statement of financial position, show the change in the account during 2018 and note
whether this change was a source or use of cash. (If there is no action select "None" from the dropdown options. Do not leave any
empty spaces, Input a 0 wherever it is required. Negative answers should be Indicated by a minus sign. Omit $ sign in your
response)
Total liabilities and owners' equity
$ 9,279
23,603
$ 75,598
Liabilities and Owners' Equity
$347 645
$ 41,060
16, 157
$ 57.217
$ 40,000
$ 50.000
208.428
$250.428
$147,645
Change
$
$
$
DEMAN
2891
$
15
1
$ 41,060
16,157
#I
$57,217
$ 40,000
$ 50,000
200,428
$250,428
$347,645
Sources/Uses
(Click to select ✓
Click to select ▼
(Click to select V
(Click to select ✓
(Click to select
(Click to select ✔
(Click to select V
(Click to select ✓
Click to select
$43,805
16,843
(Click to select ✓
Click to select ✓
(Click to select ✓
Click to select
$ 60,648
$35,000
$50,000
236,167
$286,167
$381,815
$297,967
$43,885
16,843
$ 35,000
$50,000
$286,167
$381,815
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