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Assets Jojenick Incorporated Balance Sheet December 31, 2020 Liabilities & SH Equity Cash $ 20,000 Accounts Payable Accounts Receivable 21,200 Bonds Payable $ 30,000
Assets Jojenick Incorporated Balance Sheet December 31, 2020 Liabilities & SH Equity Cash $ 20,000 Accounts Payable Accounts Receivable 21,200 Bonds Payable $ 30,000 41,000 Investments 32,000 Common Stock 100,000 Plant Assets (Net) 81,000 Retained Earnings 23,200 Land 40,000 Total Liabilties & SH Equity $194,200 Total Assets $194,200 Additional Data: The company liquidated its available for sale debt investment portfolio at a loss of A tract of Land was purchased for $ 6,000 40,000 Additional Common Stock was issued at par for 28,000 Dividends Declared and Paid 9,500 Net Income for 2020 40,000 Depreciation Expense (included in NI) 14,500 Land purchased through issuance of stock 30,000 Ending Balances @ 12/31/2021 Cash Accounts Receivable Accounts payable 82,400 31,800 38,000 Prepare a Statement of Cash Flows for the year for Jojenick Incorporated
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