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Here are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of
Here are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount. (Input all amounts as positive values): COUNTRY KETTLES, INC. Balance Sheet 2016 2017 $ 31,000 70,500 61,400 153,000 46,400 $ 269,500 $ 30,150 73,600 63,625 163,000 50,500 $ 279,875 Assets Cash Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity $ 45,500 6,880 26, 200 22,000 $168,920 $269,500 $ 47,650 6,100 28,900 26,600 $170,625 $ 279,875 Amount Source/lise (Click to select) Use Source (Click to select) Item Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings (Click to select) $ (Click to select) $ (Click to select) $ (Click to select) $ (Click to select)
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