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I need help, please Hunter Company is developing its annual financial statements at December 31, 2015. The statements are complete except for the statement of
I need help, please
Hunter Company is developing its annual financial statements at December 31, 2015. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized Balance Sheet at December 31 Cash Accounts Receivable Inventory Equipment 44.290 18,500 30,000 37,000 103,000 Accumulated Depreciation-Equipment (36,600) (30,500) 27,900 30.900 112,100 $178,590 $158,000 Accounts Payable Salaries and Wages Payable Note Payable (long term) Common Stock Retained Earnings S 25,600 22,500 1,000 38,000 49,000 61,000 32,70024,500 790 81,500 $178,590 $158,000 Income Statement for 2015 Sales Revenue Cost of Goods Sold Other Expenses $101,000 61,500 27,400 Net Income S 12.100Step by Step Solution
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