Question
I sent this problem in yesterday and the response did not answer the whole problem and they had numbers in the wrong account titles I
I sent this problem in yesterday and the response did not answer the whole problem and they had numbers in the wrong account titles I am paying for this and I am not getting my money worth because I have to send the same question in again but can someone please help me. I will send photos of the whole problem and I will write some of it out. here's part of the problem :(1) New plant assets costing $137,000 were purchased for cash during the year (2) Old plant assets having an original cost $78,775 and accumulated depreciation of $66,445 were sold for 2,055 cash (3) Bonds payable matured were paid off at face value for cash (4) A cash dividend of $35,661 was declared and paid during the year.
S 19.1 blem 12-9 ODGERS INC. Comparative Balance Sheets December 31 ercise 7 Cash Accounts recelvable Inventory Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total $ 110,5966 120,286 154,125 38,908 189,050 $ 66,308 52,060 140,905 35,620 149,330 332,225 w Score w Results by y Obiective 390,450 1 332.225 (68,500) (71,240) $935,02 $705,208 Llabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total $ 139,740 92,201 28,770 150,700200,020 301400 239,750 320,580 1441467 935,025 $705,208 22.605 320.580 - ODGERS INC. Income Statement Data
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