Refer to the following information for Amundsen Inc. a. What caused the change in common shares during

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Refer to the following information for Amundsen Inc.
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.

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Fundamental Accounting Principles Volume II

ISBN: 978-1259066511

14th Canadian Edition

Authors: Larson Kermit, Jensen Tilly

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Question Posted: Jan 08, 2015 09:04 AM

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Refer to the following information for Amundsen Inc. a. What caused the change in common shares during

Question:

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

Fundamental Accounting Principles Volume II

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