Salaries Pyable 25.000 Notes Payable 31.250 3,750 Bonds Pyble 250,000 Common Stock 375.000 375,000 Retated Carnings 442 44 11224219 Additonal information fr Year 2 ( Seld available for sale securities coting SAS tor ,500 2 Epuipment costing 12000 weh a book value of 6.250 sold for $7.000 ted boeds at tace value fe s250.000. 0 Purchased new equipment for SI8L250 and paid cash GPaid cash divstends of s25.000 SI Net income was S200. The gain trom the equipment sales will be equal to 750 1250 7000 4250
Salaries Pyable 25.000 Notes Payable 31.250 3,750 Bonds Pyble 250,000 Common Stock 375.000 375,000 Retated Carnings 442 44 11224219 Additonal information fr Year 2 ( Seld available for sale securities coting SAS tor ,500 2 Epuipment costing 12000 weh a book value of 6.250 sold for $7.000 ted boeds at tace value fe s250.000. 0 Purchased new equipment for SI8L250 and paid cash GPaid cash divstends of s25.000 SI Net income was S200. The gain trom the equipment sales will be equal to 750 1250 7000 4250
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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