Refer to the following information for Amundsen Inc. a. What caused the change in common shares during
Question:
a. What caused the change in common shares during 2014? Calculate the change.
b. What caused the change in notes payable? Calculate the change.
c. Were dividends paid during 2014? If so,calculate.
Transcribed Image Text:
Amundsen Inc. Comparative Balance Sheet Information December 31 2014 2013 Cash Accounts receivable (net) 25 46 20 245 0 52 40 90 Accounts payable Notes payable, long-term... 15 59 15
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a Calculated using a Taccount Common Shares 90 Dec 31 2013 Bal 20 ...View the full answer
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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