i Income Statement -X Ja hi nd Income Statement Year Ended December 31, 2018 Revenues: Sales revenue $ 218,000 7,800 $ 225,800 Interest revenue Total revenues Expensek: Cost of goods sold Salaries expense Depreciation expense $ 70,200 27,100 4,900 an Print Done 5 of 6 (5 complete) i Income Statement - of Jal h inv ndo Total revenues $ 225,800 Expenses: Cost of goods sold Salaries expense Depreciation expense Other operating expenses $ 70,200 27,100 4,900 10,300 11,700 29,300 $ Interest expense Income tax expense Total expenses Net Income 153,500 $ 72,300 dis ar Print Done Comparative Balance Sheet g and financing tra ipment, issued no Increase 2018 2017 (Decrease) $ 6,400 $ 25,000 91,800 5,200 $ 26,400 89,300 1,200 (1,400) 2,500 Current Assets Cash and cash equivalents Accounts receivable Inventory ixed Assets: I Land Equipment, net otal Assets 89,100 53,600 60,900 50,000 28,200 3,600 $ 265,900 $ 231,800 $ 34,100 Print Done Comparative Balance Sheet - X g and ipmen 25,000 20,400 ACCOUNTS Tecervare Inventory Fixed Assets: Land 1,400) 2,500 91,800 89,300 89,100 53,600 60,900 50,000 28,200 3,600 Equipment, net Total Assets $ 265,900 $ 231,800 $ 34,100 I $ Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: 30,700 $ 30,800 35,300 $ 28,600 (4,600) 2,200 Antno ninhle 76 On 00000 132.000 Print Done 5 of 6 (5 complete) i Comparative Balance Sheet - X aten she g and finar ipment, is 53,600 50,000 3,600 $ 265,900 $ 231,800 $ 34,100 GA 30,700 $ 30,800 35,300 $ 28,600 (4,600) 2,200 ities Equipment, net Total Assets Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: Notes payable Stockholders' Equity Common stock Retained earnings I 76,000 99,000 (23,000) ties 89,000 39,400 64,200 4,700 24,800 34,700 put Print Done - Comparative Balance Sheet ni g and fina ipment, ed $ 209,900 25,000 34, TUU $ 30,700 $ 35,300 $ 30,800 28,600 (4,600) 2,200 es Total Assets Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: Notes payable Stockholders' Equity Common stock Retained earnings Total Liabilities and Stockholders' Equity 76,000 99,000 (23,000) I 89,000 39,400 64,200 4,700 24,800 34,700 $ 265,900 $ 231,800 $ 34,100 at Print Done H D C The 2018 comparative balance sheet and income statement of Jackson Pet Supply, Inc., are: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) (2,500) (4,600) 2,200 1.400 73,700 Increase in inventory Decrease in accounts payable Increase in accrued liabilities Net cash provided by (used for) operating activities Cash flows from investing activities: Acquisition of land Acquisition of equipment Net cash provided by (used for) investing activities (28,200) 3600 (24600) Choose from any list or enter any number in the input fields and then click Check Answer. i Income Statement -X Ja hi nd Income Statement Year Ended December 31, 2018 Revenues: Sales revenue $ 218,000 7,800 $ 225,800 Interest revenue Total revenues Expensek: Cost of goods sold Salaries expense Depreciation expense $ 70,200 27,100 4,900 an Print Done 5 of 6 (5 complete) i Income Statement - of Jal h inv ndo Total revenues $ 225,800 Expenses: Cost of goods sold Salaries expense Depreciation expense Other operating expenses $ 70,200 27,100 4,900 10,300 11,700 29,300 $ Interest expense Income tax expense Total expenses Net Income 153,500 $ 72,300 dis ar Print Done Comparative Balance Sheet g and financing tra ipment, issued no Increase 2018 2017 (Decrease) $ 6,400 $ 25,000 91,800 5,200 $ 26,400 89,300 1,200 (1,400) 2,500 Current Assets Cash and cash equivalents Accounts receivable Inventory ixed Assets: I Land Equipment, net otal Assets 89,100 53,600 60,900 50,000 28,200 3,600 $ 265,900 $ 231,800 $ 34,100 Print Done Comparative Balance Sheet - X g and ipmen 25,000 20,400 ACCOUNTS Tecervare Inventory Fixed Assets: Land 1,400) 2,500 91,800 89,300 89,100 53,600 60,900 50,000 28,200 3,600 Equipment, net Total Assets $ 265,900 $ 231,800 $ 34,100 I $ Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: 30,700 $ 30,800 35,300 $ 28,600 (4,600) 2,200 Antno ninhle 76 On 00000 132.000 Print Done 5 of 6 (5 complete) i Comparative Balance Sheet - X aten she g and finar ipment, is 53,600 50,000 3,600 $ 265,900 $ 231,800 $ 34,100 GA 30,700 $ 30,800 35,300 $ 28,600 (4,600) 2,200 ities Equipment, net Total Assets Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: Notes payable Stockholders' Equity Common stock Retained earnings I 76,000 99,000 (23,000) ties 89,000 39,400 64,200 4,700 24,800 34,700 put Print Done - Comparative Balance Sheet ni g and fina ipment, ed $ 209,900 25,000 34, TUU $ 30,700 $ 35,300 $ 30,800 28,600 (4,600) 2,200 es Total Assets Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: Notes payable Stockholders' Equity Common stock Retained earnings Total Liabilities and Stockholders' Equity 76,000 99,000 (23,000) I 89,000 39,400 64,200 4,700 24,800 34,700 $ 265,900 $ 231,800 $ 34,100 at Print Done H D C The 2018 comparative balance sheet and income statement of Jackson Pet Supply, Inc., are: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) (2,500) (4,600) 2,200 1.400 73,700 Increase in inventory Decrease in accounts payable Increase in accrued liabilities Net cash provided by (used for) operating activities Cash flows from investing activities: Acquisition of land Acquisition of equipment Net cash provided by (used for) investing activities (28,200) 3600 (24600) Choose from any list or enter any number in the input fields and then click Check