Assets
Cash (Net Effect) $35,000 20,000 +15,000
A/R 33,000 14,000 +19,000
Merchandise Inventory 27,000 20,000 +7,000
PPE 60,000 78,000 -18,000
Accumulated Depreciation (29,000) (24,000) ?
Liabilities and Stockholder’s Equity
Accounts payable 29,000 15,000 +14,000
Income taxes payable 7,000 8,000 -1,000
Bonds payable 27,000 33,000 -6,000
Common Stock 45,000 38,000 +7,000
Depreciation 18,000
Net income 32,000
Additional Data
1. Dividends declared and paid were 25,000
2. During the year equipment was sold for 8,500 cash. This equipment cost 18,000 originally and had a book value of 8,500 at the time of sale
3. All sales and purchases are on account.
4. All depreciation is 18,000
Partial answer from book: CASH FROM OPERATIONS is 33,500
33 answers
Assuming that the intended output is the following:
Print: IDR 10,000,000.00 on February 3, 2016 at 12:00 AM
The correct format for printing would be:
IDR 10,000,000.00 02/03/2016 12:00 AM
February 3, 2016
12:00 AM