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Compute: -allowance for unncorctable debt -accumulated deprectiation -retained earnings -cash -cash from investing (2021) Balance Sheet Year End December 31 Income Statement Year End December
Compute: -allowance for unncorctable debt -accumulated deprectiation -retained earnings -cash -cash from investing (2021) Balance Sheet Year End December 31 Income Statement Year End December 31 Assets Cash Accounts Receivable Allowance for Uncollectible Accounts Prepaid Rent Inventory PPE, Gross Accumulated Depreciation Total Assets 2020 (B) 1,830 (183) 258 3,423 73,234 (20,000) 2021 (D) 1,852 (G) 369 2,512 76,734 (F) N/A Revenues Cost of sales Gross margin Wage expenses Depreciation Expense Other expenses Net Income 2020 44,204 (34,209) 9.995 (4.532) (1,364) (1,521) 2.578 2021 52,656 (35,843) 16,813 (3,245) (1.058) (8,318) 4,192 (A) Liabilities Accounts Payable Notes Payable Uncamed Revenues Total Liabilities Shareholders' Equity Contributed Capital Retained Earnings Total Equity 4,024 12,000 4,365 20,389 3,190 12,000 5,689 20,879 Cash Flow Statement Year End December 31 2020 2021 Cash From Operations 3,128 Cash From Investing (2.000) (C) Cash From Financing (1.500) (2.000) Change In Cash (372) N/A 6.520 45,000 2,442 47.442 N/A (E) N/A Total Liabilities and equity N/A N/A Additional information: 1 The business estimates uncollectable accounts based on 10% of accounts receivable 2 The only "financing activity in the statement of cash flow in both years relates to cash payments of dividends. 3 Cash from investing activity" in 2021 relates to the purchase of additional equipment in cash. No other equipment was purchased or sold in 2021. 4 The company paid taxes of $1,300 for 2021
Compute:
-allowance for unncorctable debt
-accumulated deprectiation
-retained earnings
-cash
-cash from investing
(2021)
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