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Create a 2016 and 2017 Income Statement, Balance Sheet, and Statement of Cash Flow given the accounts listed below. 2017 2016 Accounts Payable $2,260 $2,490
Create a 2016 and 2017 Income Statement, Balance Sheet, and Statement of Cash Flow given the accounts listed below.
2017 | 2016 | |||
Accounts Payable | $2,260 | $2,490 | ||
Accounts Receivable | 1,615 | 1,634 | ||
Additional Paid-in Capital | 5,435 | 5,435 | ||
Cash | 2,960 | 2,345 | ||
Common Stock | 50 | 50 | ||
Cost of Goods Sold | 8,700 | 8,600 | ||
Current Portion of Long-term Debt | 1,350 | - | ||
Depreciation Expense | 1,060 | 1,100 | ||
Dividend | ? | 140 | ||
Goodwill | 3,770 | 3,770 | ||
Interest Expense | 1,050 | 1,110 | ||
Inventory | 1,130 | 1,140 | ||
Long-Term Debt | 3,050 | 4,480 | ||
Net Property, Plant & Equipment | 7,700 | 7,800 | ||
Retained Earnings | ? | ? | ||
Revenue | 14,410 | 14,050 | ||
Selling General & Admin Expense | 1,715 | 1,660 | ||
Tax Rate = 30% |
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