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create a cash flows Revenues Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net income Retained Earnings,

create a cash flows
Revenues Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net income Retained Earnings, Jan. 1 Net Income Less: Dividends Retained Earnings, Dec. 31 Assets Current Assets: Cash Accounts receivable Inventory Prepaid insurance Prepaid rent Long-Term Assets: Equipment Accumulated depreciation Total Assets Accounts payable Wages payable Interest payable Bridgeview Bottling Corporation Statement of Changes in Retained Earnings For the Year Ended December 31, 2013 Long-Term Liabilities: Notes payable Bonds payable Stockholders' Equity: Common stock Treasury stock Retained earnings Total Liabilities & Equity Bridgeview Bottling Corporation Income Statement For the Year Ended December 31, 2013 Liabilities & Stockholders' Equity Current Liabilities: Bridgeview Bottling Corporation Balance Sheets December 31 112,000 340,000 23,000 16,100 8,900 5,000 2013 387,000 52,000 116,000 2,700 8,300 400,000 (66,000) 900,000 31,000 140,000 6,000 157,000 20,500 497,000 (90,000) 138,500 900,000 820,000 500,000 320,000 111,000 320,000 292,500 138,500 2012 375,000 64,000 120,000 2,500 9,500 339,000 (43,000) 867,000 17,000 200,000 37,000 206,000 15,000 361,000 (80,000) 111,000 867,000
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buidecview Eottline Corporation Income Statement For the Year Ended Docember 31, 2013. Revenues 120,000 Expenses: Cost of foods sold 112,000 Operatine expenses 340,000 Depreciation expense 23,000 Interest exponse 16,100 Income tax experise 8,900 Total expenses Net income 320,000500,000 Bridgeview Bottling Corporation Statement of Changes in Retained Earnines for the Year Ended December 31, 2013 Retained Earnings, Jan. 1 111,000 Net Income 320,000 Less: Dividends Retained Earnings, Dec. 31 292,500138,500 Bridgeview Bottling Corporation Balance Sheets December 31 2013 2012 Assets Current Assets: Cash 387,000 375,000 Accounts receivable 52,000 64,000 4 Inventory 116,000 120,000 Prepaid insurance Prepaid rent 2,700 2,500 Long-Term Assets: 8,300 9,500 Equipment Accumulated depreciation Total Assets \begin{tabular}{cc} 400,000 & 339,000 \\ (66,000) & (43,000) \\ \hline 900,000 & 867,000 \\ \hline \end{tabular} Liabilities \& Stockholders' Equity Current Liabilities: Accountspayable Wages payable 31,000 17,000 140,000 200,000 Interest payable 6,000 37,000 Long-Term Liabilities: Notes payable 157,000 206,000 Bonds payable 20,500 15,000 Stockholders' Equity: Common stock Treasury stock 497,000 361,000 Retained earnings Total Liabilities \& Equity (90,000)(80,000) \begin{tabular}{rr} 138,500 & 111,000 \\ \hline 900,000 & 867,000 \\ \hline \end{tabular} buidecview Eottline Corporation Income Statement For the Year Ended Docember 31, 2013. Revenues 120,000 Expenses: Cost of foods sold 112,000 Operatine expenses 340,000 Depreciation expense 23,000 Interest exponse 16,100 Income tax experise 8,900 Total expenses Net income 320,000500,000 Bridgeview Bottling Corporation Statement of Changes in Retained Earnines for the Year Ended December 31, 2013 Retained Earnings, Jan. 1 111,000 Net Income 320,000 Less: Dividends Retained Earnings, Dec. 31 292,500138,500 Bridgeview Bottling Corporation Balance Sheets December 31 2013 2012 Assets Current Assets: Cash 387,000 375,000 Accounts receivable 52,000 64,000 4 Inventory 116,000 120,000 Prepaid insurance Prepaid rent 2,700 2,500 Long-Term Assets: 8,300 9,500 Equipment Accumulated depreciation Total Assets \begin{tabular}{cc} 400,000 & 339,000 \\ (66,000) & (43,000) \\ \hline 900,000 & 867,000 \\ \hline \end{tabular} Liabilities \& Stockholders' Equity Current Liabilities: Accountspayable Wages payable 31,000 17,000 140,000 200,000 Interest payable 6,000 37,000 Long-Term Liabilities: Notes payable 157,000 206,000 Bonds payable 20,500 15,000 Stockholders' Equity: Common stock Treasury stock 497,000 361,000 Retained earnings Total Liabilities \& Equity (90,000)(80,000) \begin{tabular}{rr} 138,500 & 111,000 \\ \hline 900,000 & 867,000 \\ \hline \end{tabular}

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