Cash Accounts receivable Allowance for bad debts Inventory Long term investment Property, plant, and equipment Accumulated depreciation Accounts payable Accrued payables Unearned revenues Other long term liability Bonds payable Discount on bonds payable Deferred income tax Preferred stock Common stock Additional paid-in capital Retained earnings Dividends Treasury stock Operating revenues Cost of goods sold Selling and administrative expenses Depreciation expense Other expense Bad debt expense Rent expense Interest expense Income tax expense Totals $ Dr 3,755,264 2,240,000 2,880,000 697,600 3,200,000 341,440 256,000 2,432,000 3,840,000 1,600,000 320,000 512,000 28,800 640,000 283,136 192,000 23,218,240 S Cr 35,200 1,280,000 524,800 384,000 512,000 341,696 3,200,000 204,544 3,200,000 320,000 3,520,000 1,920,000 7,776,000 23,218,240
Cash Accounts receivable Allowance for bad debts Inventory Long term investment Property, plant, and equipment Accumulated depreciation Accounts payable Accrued payables Unearned revenues Other long term liability Bonds payable Discount on bonds payable Deferred income tax Preferred stock Common stock Additional paid-in capital Retained earnings Dividends Treasury stock Operating revenues Cost of goods sold Selling and administrative expenses Depreciation expense Other expense Bad debt expense Rent expense Interest expense Income tax expense Totals $ Dr 3,755,264 2,240,000 2,880,000 697,600 3,200,000 341,440 256,000 2,432,000 3,840,000 1,600,000 320,000 512,000 28,800 640,000 283,136 192,000 23,218,240 S Cr 35,200 1,280,000 524,800 384,000 512,000 341,696 3,200,000 204,544 3,200,000 320,000 3,520,000 1,920,000 7,776,000 23,218,240
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 12MC: The cost of equity is _______. A. the interest associated with debt B. the rate of return required...
Related questions
Question
can you help on the preperation of excel
- The income statement.
- The statement of retained earnings.
- The balance sheet.
- Ratios that can be calculated from the data presented.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning