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Below are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of
Below are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount (Input all amounts as positive values): COUNTRY KETTLES, INC. Balance Sheet December 31 2013 2014 Assets Cash $ 32,100 $ 31,360 Accounts receivable 71,600 74,920 Inventories 62,500 65,000 Property, plant, and 164,000 176,200 equipment Less: Accumulated 47,280 51,600 depreciation Total assets $282,920 $295,880 Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 46,600 $ 48,860 7,980 6,980 27,300 30,550 33,000 38,700 $ 168,040 $ 170,790 Total liabilities and equity $282,920 $295,880 Amount Source/Use (Click to select), (Click to select) 4 $ $ (Click to select) (Click to select) 4 Item Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings (Click to select) I IIII I II (Click to select) (Click to select) 4 $ $ tA tA (Click to select) 4 (Click to select)
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