Cash Short-term investments Accounts receivable Allowance for doubtful accounts Prepaid expenses Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Delivery equipment Accumulated depreciation-delivery equipment Patents Dec. 31, 2020 $16,600 25,200 42,700 (1,800 4,200 80,800 49,800 125,500 (29,900) 53,100 (19,000) 38,900 (21,800 ) 14,900 $379,200 Dec. 31, 2019 $20,800 18,800 45,200 (2,000) 2,500 65,500 49,800 73,900 (23,000 ) 45,600 (15,600 ) 38,900 (20,300 ) -0- $300,100 Accounts payable Short-term notes payable (trade) Accrued payables Mortgage payable Bonds payable Common stock Paid-in capital in excess of par Retained earnings $26,300 4,100 3,000 72,400 49,500 138,900 10,000 75,000 $379,200 $16,000 6,000 4,700 53,200 62,300 101,600 4,000 52,300 $300,100 Dividends in the amount of $15,000 were declared and paid in 2020. Debits WINDSOR CORPORATION WORKSHEET FOR PREPARATION OF STATEMENT OF CASH FLOWS For the Year Ended December 31, 2020 2020 Reconciling Items Balance at 12/31/19 Debit Credit $20,800 18,800 45,200 Cash Balance at 12/31/20 $16,600 25,200 42,700 Short-term investments Accounts receivable Prepaid expenses 4,200 Inventory Land 2,500 65,500 49,800 73,900 45,600 38,900 Buildings Equipment Equipment (Delivery) Patents Total debits 80,800 49,800 125,500 53,100 38,900 14,900 $451,700 $361,000 Credits Accounts payable $26,300 Notes payable 4,100 Accrued liabilities Allowance for doubtful accounts Accumulated Depreciation-Building Accumulated Depreciation Equipment $16,000 6,000 4,700 2,000 23,000 15,600 20,300 53,200 62,300 3,000 1,800 29,900 19,000 Accumulated Depreciation-Delivery Equipment Mortgage payable Bonds payable Common stock 101,600 21,800 72,400 49,500 138,900 10,000 75,000 $451,700 Paid-in capital in excess Retained earnings Total credits 4,000 52,300 $361,000 Windsor Corporation Statement of Cash Flows Effects Totals Totals