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CALCULATOR PRINTER VERSION BACK Larkspur Corporation's adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $8,410, Land $49,100, Patents $16,300, Accounts
CALCULATOR PRINTER VERSION BACK Larkspur Corporation's adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $8,410, Land $49,100, Patents $16,300, Accounts Receivable $92,050, Prepaid Insurance $6,090, Inventory $35,100, Allowance for Doubtful Accounts $4,880, and Equity Investments (to be sold in the next quarter) $14,620. Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.) LARKSPUR CORPORATION Balance Sheet (Partial) LALLULATOR PRINTER VERSION 4 BACK NEXT Novak Company reported 2017 net income of $152,800. During 2017, accounts receivable increased by $14,580 and accounts payable increased by $9.723. Depreciation expense was $46,700. Prepare the cash flows from operating activities section of the statement of cash flows. (Show amounts that decrease cash flow with either a - sign .g.-15,000 or in parenthesis e.g. (15,000).) NOVAK COMPANY Cash Flow Statement Adjustments to reconcile net income to
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