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Idk how to do this, can you please show the work too Selected financial statement information and additional data for Blossom Enterprises is presented below
Idk how to do this, can you please show the work too
Selected financial statement information and additional data for Blossom Enterprises is presented below Blossom Enterprises Balance Sheet and Income Statement Data December 31, 2020 December 31, 2019 Qurrent Assets Cash $189,720 $147,560 Accounts Receivable 295.120 379,440 Inventory 494,840 421,600 Total Current Assets 969,680 948,600 Property. Plant, and Equipment Less: Accumulated Depreciation 1.538,840 (590,240) 1,391,280 (548,080) 843,200 $1.791,800 Total Assets 948,600 $1.918,280 Current Liabilities: Accounts Payable Notes Payable Income Taxes Payable Total Current Liabilities $231,880 63,240 105.400 400 520 $126.480 84,320 94,860 305.660 Bonds Payable Total Liabilities 421,600 B22.120 484,840 790.500 Stockholders Equity Common Stock Retained Earnings Total Stockholders Equity Tote labilities & Seecheisers Eetisy 632.400 463.760 1096.160 1.918280 579,700 421,600 1001 300 52.002.600 931240 1071.360 Sales Revenue Less Cest of Geoss Solo Cress Profit Expenses Depreciation Excense Salaries and Wages Expense Interest Expense Loss on Sale of Eument 168.640 2171680 L.720 484840 42. 160 14.680 731800 3397160 135 204 200.856 Income Before T25 Less income Tax Expense et income 0 53=80 316 200 126485 199120 Dongfarmacien Denne the rear som selu Fentarene bate and accumulated depreciation +52-73 and purchases new culpment & ST260 Blossom Enterprises Statement of Cash Flows $ Adjustments to reconcile net income to > $ 9
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