Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Category Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock @ par value COGS Depreciation expense Interest expense Inventories Long-term debt Net

Category Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock @ par value COGS Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes 2021 674 1574 88 2200 4852 57.0 851 112 117 2010 5998 7147 1305 482 4748 6852 1587 2022 689 1109 234 2400 6667 570 1006 274 304 1857 5741 ?? 957 740 7747 8214 1767
image text in transcribed
\begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Category } & \multicolumn{1}{|c|}{2021} & \multicolumn{2}{c|}{2022} \\ \hline Accounts payable & 674 & 689 \\ \hline Accounts receivable & 1574 & 1109 \\ \hline Accruals & 88 & 234 \\ \hline Additional paid in capital & 2200 & 2400 \\ \hline Cash & 4852 & 6667 \\ \hline Common Stock @ par value & 570 & 570 \\ \hline COGS & 851 & 1006 \\ \hline Depreciation expense & 112 & 274 \\ \hline Interest expense & 117 & 304 \\ \hline Inventories & 2010 & 1857 \\ \hline Long-term debt & 5998 & 5741 \\ \hline Net fixed assets & 7147 & ?? \\ \hline Notes payable & 1305 & 957 \\ \hline Operating expenses (excl. depr.) & 482 & 740 \\ \hline Retained earnings & 4748 & 7747 \\ \hline Sales & 6852 & 8214 \\ \hline Taxes & 1587 & 1767 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Category } & \multicolumn{1}{|c|}{2021} & \multicolumn{2}{c|}{2022} \\ \hline Accounts payable & 674 & 689 \\ \hline Accounts receivable & 1574 & 1109 \\ \hline Accruals & 88 & 234 \\ \hline Additional paid in capital & 2200 & 2400 \\ \hline Cash & 4852 & 6667 \\ \hline Common Stock @ par value & 570 & 570 \\ \hline COGS & 851 & 1006 \\ \hline Depreciation expense & 112 & 274 \\ \hline Interest expense & 117 & 304 \\ \hline Inventories & 2010 & 1857 \\ \hline Long-term debt & 5998 & 5741 \\ \hline Net fixed assets & 7147 & ?? \\ \hline Notes payable & 1305 & 957 \\ \hline Operating expenses (excl. depr.) & 482 & 740 \\ \hline Retained earnings & 4748 & 7747 \\ \hline Sales & 6852 & 8214 \\ \hline Taxes & 1587 & 1767 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Assurance And Risk

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

3rd Edition

0324313187, 9780324313185

More Books

Students also viewed these Accounting questions

Question

Brief the importance of span of control and its concepts.

Answered: 1 week ago

Question

What is meant by decentralisation?

Answered: 1 week ago

Question

Why has Negotiating Women, Inc. focused its attention on women?

Answered: 1 week ago