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in N / A . Also, N / A does not equal 0 . Liabilities Total Liabilities and equity , N

in "N/A". Also, "N/A" does not equal 0.
Liabilities
Total Liabilities and
equity , N/A N/A
Additional information:
Cash from financing in 2011 includes: (i) a cash outflow of dividend $500,(ii) a cash
inflow from issuance of new stock $5,000,(iii) a cash outflow from repaying a note
payable $6,500.
Cash from "investing activity" in 2011 relates to the purchase of additional equipment
in cash. No other equipment was purchased in 2011.
Depreciation expense in 2011 amounted to $2,000.
Required:
Compute the missing numbers (A)-(F) in the balance sheet and income statement.
A. PPE net (1231?2010)(2 point)
B. Cash (12/31/2011)(2 points)
C. PPE, net (12/31/2011)(2 points)
D. Retained Earnings (12/31/2011)(2 points)
E. Other Expense (2010)(2 points)
F. Change in Cash (2011)(2 points)
G. Notes payable (12/31/2011)(2 points)
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