ACCOUNTING PRINCIPLES 222 5/16 >C<
2nd Edition
ISBN: 9781323461525
Author: Horngren
Publisher: PEARSON C
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Chapter 25, Problem 6RQ
What is differential analysis?
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Boca Inc.
Balance Sheets
December 31
Assets
Cash
Accounts Receivable
Inventory
Prepaid Expenses
2022
2021
110,800
48,400
38,000
87,800
112,500
102,850
26,000
28,400
Long-term investments
109,000 138,000
Plant Assets
397,000
242,500
Accumulated depreciation
50,000
52,000
Total
743,300
595.950
Liabilities and Stockholders' Equity
Accounts Payable
72,000
67,300
Accrued Expenses Payable
13,500
21,000
Dividends Payable
3,000
Bonds Payable
Common Stock
170,000
146,000
262,000
175,000
Retained Earnings
Total
222.800
186.650
243,300
595.950
Additional Information:
1. Old plant assets having an original cost of $57,500 and accumulated depreciation of $48,500 were sold
for $1,500 cash.
2. A new plant asset was purchased directly in exchange for common stock valued at $42,000.
3. New bonds were issued at par for $60,000.
4. 2022 Net income was $154,480.
5. A $1,000 prior period adjustment was recorded in 2021 correcting an understatement of depreciation in
2019. The 2021 balance sheet is…
Chapter 25 Solutions
ACCOUNTING PRINCIPLES 222 5/16 >C<
Ch. 25 - Prob. 1QCCh. 25 - Prob. 2QCCh. 25 - Which of the following costs are irrelevant to...Ch. 25 - Prob. 4QCCh. 25 - Prob. 5QCCh. 25 - 6. When companies are price-setters, their...Ch. 25 - Prob. 7QCCh. 25 - Prob. 8QCCh. 25 - Prob. 9QCCh. 25 - Prob. 10QC
Ch. 25 - Prob. 1RQCh. 25 - Prob. 2RQCh. 25 - Prob. 3RQCh. 25 - Prob. 4RQCh. 25 - Prob. 5RQCh. 25 - What is differential analysis?Ch. 25 - Prob. 7RQCh. 25 - Prob. 8RQCh. 25 - Prob. 9RQCh. 25 - Prob. 10RQCh. 25 - Prob. 11RQCh. 25 - Prob. 12RQCh. 25 - Prob. 13RQCh. 25 - Prob. 14RQCh. 25 - Prob. 15RQCh. 25 - Prob. 16RQCh. 25 - Prob. 17RQCh. 25 - Prob. 18RQCh. 25 - Prob. 19RQCh. 25 - Prob. 20RQCh. 25 - Prob. 21RQCh. 25 - Prob. 22RQCh. 25 - Prob. 23RQCh. 25 - Prob. 24RQCh. 25 - Prob. 25RQCh. 25 - Prob. 26RQCh. 25 - Prob. S25.1SECh. 25 - Prob. S25.2SECh. 25 - Prob. S25.3SECh. 25 - Prob. S25.4SECh. 25 - Prob. S25.5SECh. 25 - Prob. S25.6SECh. 25 - Prob. S25.7SECh. 25 - Prob. S25.8SECh. 25 - Prob. E25.9ECh. 25 - Prob. E25.10ECh. 25 - Prob. E25.11ECh. 25 - Prob. E25.12ECh. 25 - Prob. E25.13ECh. 25 - Prob. E25.14ECh. 25 - Prob. E25.15ECh. 25 - Prob. E25.16ECh. 25 - Prob. E25.17ECh. 25 - Making outsourcing decisions Eclipse Systems...Ch. 25 - Prob. E25.19ECh. 25 - Prob. E25.20ECh. 25 - Prob. P25.21APGACh. 25 - Prob. P25.22APGACh. 25 - Making Decisions a product decisions Members of...Ch. 25 - Prob. P25.24APGACh. 25 - Prob. P25.25APGACh. 25 - Prob. P25.26APGACh. 25 - Prob. P25.27BPGBCh. 25 - Prob. P25.28BPGBCh. 25 - Prob. P25.29BPGBCh. 25 - Prob. P25.30BPGBCh. 25 - Making outsourcing decisions Winter Sports...Ch. 25 - Prob. P25.32BPGBCh. 25 - Prob. P25.33CPCh. 25 - Prob. 25.1EI
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