o cammys only Revenues (not detailed) Expenses (not detailed) Totals T 42 8 $ 199 104 $199 CAYUGA LTD. Statement of Earnings For the Year Ended December 31 37 37 4-a. Using the adjusted balances, prepare a statement of earnings. (Enter your answers in thousands of dollars. Round "Earnings per share" to 2 decimal places.) (In thousands of dollars, except for Earnings per Share) Revenues $ Expenses Earnings before income tax Income tax expense Net earnings Earnings per share $ 104 60 44 19 25 104 79 37 $ 232 $ 232 4-b. Using the adjusted balances, prepare a statement of changes in equity. (Enter your answers in thousands of dollars. Negative answers should be indicated by minus sign.) < Prev 3 of 3 # Next >

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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contributed capital (4000 shares)

notanno caminys pa
Revenues (not detailed)
Expenses (not detailed)
Totals
F
104
42
$ 199 $ 199
37
37
CAYUGA LTD.
Statement of Earnings
For the Year Ended December 31
(In thousands of dollars, except for Earnings per Share)
Revenues
$
Expenses
Earnings before income tax
Income tax expense
Net earnings
Earnings per share
$
4-a. Using the adjusted balances, prepare a statement of earnings. (Enter your answers in thousands of dollars. Round "Earnings per
share" to 2 decimal places.)
104
60
44
19
25
104
79
37 $232 $ 232
4-b. Using the adjusted balances, prepare a statement of changes in equity. (Enter your answers in thousands of dollars. Negative
answers should be indicated by minus sign.)
< Prev
3 of 3
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Transcribed Image Text:notanno caminys pa Revenues (not detailed) Expenses (not detailed) Totals F 104 42 $ 199 $ 199 37 37 CAYUGA LTD. Statement of Earnings For the Year Ended December 31 (In thousands of dollars, except for Earnings per Share) Revenues $ Expenses Earnings before income tax Income tax expense Net earnings Earnings per share $ 4-a. Using the adjusted balances, prepare a statement of earnings. (Enter your answers in thousands of dollars. Round "Earnings per share" to 2 decimal places.) 104 60 44 19 25 104 79 37 $232 $ 232 4-b. Using the adjusted balances, prepare a statement of changes in equity. (Enter your answers in thousands of dollars. Negative answers should be indicated by minus sign.) < Prev 3 of 3 Next >
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