Data Table 2.700 600 300 1,650 $ 5,250 Assets Current Assets Cash Accounts Receivable Raw Materials inventory Finished Goods Inventory Total Current Assets Property, Plant, and Equipment Equipment Less. Accumulated Depreciation Total Assets Liabilities Current Liabilities Accounts Payable Stockholders' Equity Common Stock no par Retained Eamings Total Stockholders' Equity 13,000 (1,000) 12,000 S 17,250 1,200 s 8,000 8.050 16,050 Total Liabilities and Stockholders' Equity s 17,250 Print Done Solve This Get More Help Clear a. Sales on account, $26.000 b. Cash receipts from customers from sales on account, $20,200 Purchase of raw materials on account, $4,000 C. d. e. Payments on account, $2,000 Total cost of compleed products, $11,750, which includes the following Raw materials used, $2,500 Direct labor costs incurred and paid, $4,100 Manufacturing overhead costs incurred and paid, $4,500 Depreciation on manufacturing equipment, $650 Cost of goods sold. $12,600 Selling and administrative costs incurred and paid, $6,000 Purchase of equipment, paid in 2025 $1,800 1. g. h. Print Done Abbreviations AD A/P A/R Cash recpts. COGS CS Depr. Equip FG Inv Mig. OH Pmts on acct. Purch, equip Purch. RM RE RM Inv. RM used S and A Sales on acct Accumulated Depreciation Accounts Payable Accounts Receivable Cash receipts from customers Cost of Goods Sold Common Stock Depreciation on manufacturing equipment Equipment Finished Goods Inventory Manufacturing Overhead Payments on account Purchase of equipment Purchase of raw matenals on account Retained Earnings Raw Materials Inventory Raw materials used Selling and Administrative Sales on account Print Done Abbreviations AD A/P A/R Cash recpts. COGS CS Depr. Equip FG Inv Mig. OH Pmts on acct. Purch, equip Purch. RM RE RM Inv. RM used S and A Sales on acct Accumulated Depreciation Accounts Payable Accounts Receivable Cash receipts from customers Cost of Goods Sold Common Stock Depreciation on manufacturing equipment Equipment Finished Goods Inventory Manufacturing Overhead Payments on account Purchase of equipment Purchase of raw matenals on account Retained Earnings Raw Materials Inventory Raw materials used Selling and Administrative Sales on account Print Done Elchter, Inc has the following balance sheet at December 31, 2024 (Click the icon to view the balance sheet) Eichler projects the following transactions for 2025 (Click the icon to view the transactions.) Prepare a budgeted balance sheet for Eichler, Inc. for December 31, 2025. (Hint It may be helpful to trace the effects of each transaction on the accounting equation to determine the ending balance of each account) Begin by completing the accounting equation for the 2025 transactions. (Use a minus sign or parentheses to enter account reductions and contra asset balances and activity. If an input field is not used in the equation leave the input field emply, do not enter a zero Abbreviations used Cash AR RM Inv FG Inv. Equip (AD) A/P CS RE Dec 31, 2024
