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(495) 4.486 Capital reserve Profit and loss account Own shares Shareholders' funds are presented Boutique along to answer the questions that folle The balance sheet
(495) 4.486 Capital reserve Profit and loss account Own shares Shareholders' funds are presented Boutique along to answer the questions that folle The balance sheet and income statement for Bertha's Bridal Boutique are questions tha dal Boutique some additional information about the accounts. You are to answer the g cash flow Balance Sheet om comparative ets and income (LO 5, 7, 8) December 31, 2011 2010 Assets Current assets s 450,000 692,000 723,000 50,000 1,915,000 150,000 S 364,000 625,000 610,000 70,000 1,669,000 20,000 Cash E TC H Inventory Prepaid expenses Total current assets Long-term investments Property, plant, and equipment Less Accumulated depreciation 1,622,000 (100,000) 1,522,000 $3,587,000 815,000 740,000 $2,429,000 Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued expenses Dividends payable s 399,000 185,000 451,000 179,000 Total current liabilities Notes payable- due 2014 Stockholders' Equity 634.000 750,000 Common stock Retained earnings 1,400,000 Total stockholders' equity Total liabilities and stockholders' equity 1,300,000 499,000 1,799,000 $2,429,000 803 2203,000
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