w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator-assignment-ta eBook Show Me How Statement of Cash Flows The comparative balance sheet of Hirayama Industries Inc. for December 31, 20Y2 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Cash $203 $64 Accounts receivable (net) 116 80 Inventories 73 44 Land 166 181 Equipment 93 70 Accumulated depreciation-equipment (25) (13) Total Assets $626 $426 < Liabilities and Stockholders' Equity D Accounts payable (merchandise creditors) $79 $64 Dividends payable 13 Common stock, $1 par 41 20 Excess of paid-in capital over par 107 50 Retained earnings 386 292 Total liabilities and stockholders' equity $626 $426 The following additional information is taken from the records: 1. Land was sold for $38. 2. Equipment was acquired for cash. Check My Work L W 68% 78°F Mo
w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator-assignment-ta eBook Show Me How Statement of Cash Flows The comparative balance sheet of Hirayama Industries Inc. for December 31, 20Y2 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Cash $203 $64 Accounts receivable (net) 116 80 Inventories 73 44 Land 166 181 Equipment 93 70 Accumulated depreciation-equipment (25) (13) Total Assets $626 $426 < Liabilities and Stockholders' Equity D Accounts payable (merchandise creditors) $79 $64 Dividends payable 13 Common stock, $1 par 41 20 Excess of paid-in capital over par 107 50 Retained earnings 386 292 Total liabilities and stockholders' equity $626 $426 The following additional information is taken from the records: 1. Land was sold for $38. 2. Equipment was acquired for cash. Check My Work L W 68% 78°F Mo
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Show Me How
Statement of Cash Flows
The comparative balance sheet of Hirayama Industries Inc. for December 31, 20Y2 and 20Y1, is as follows:
Dec. 31, 20Y2 Dec. 31, 20Y1
Assets
Cash
$203
$64
Accounts receivable (net)
116
80
Inventories
73
44
Land
166
181
Equipment
93
70
Accumulated depreciation-equipment
(25)
(13)
Total Assets
$626
$426
<
Liabilities and Stockholders' Equity
D
Accounts payable (merchandise creditors)
$79
$64
Dividends payable
13
Common stock, $1 par
41
20
Excess of paid-in capital over par
107
50
Retained earnings
386
292
Total liabilities and stockholders' equity
$626
$426
The following additional information is taken from the records:
1. Land was sold for $38.
2. Equipment was acquired for cash.
Check My Work
L
W
68%
78°F Mo
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