Motorvehicles of Philadelphia, Inc. Comparative Balance Sheets December 31, 2018 and 2017 (In thousands) 2018 2017 Llabilities 2018 2017 Assets Current Cash $ 22 s $ 49 $ 48 Accounts receivable Current: 18 Accounts payable 44 Salary payable 88 Accrued liabilities 57 28 73 10 9 Inventory Prepaid expenses Plant assets, nel Long-term investments 83 8 Long-term note payable 188 51 225 57 71 Stockholders' Equity Common stock 50 37 Relained earings 245 248 Tota $ 443 S Total 443 $ 417 r Mobivehicles of Philadelphla, Inc. Income Statement Year Ended December 31, 2018 In thousands) Service revenue 350 Cost of goods sold Salary expense Depreciation expense 100 Other expenses Total expenses B50 Nel income 100 Ques Motorvehicles of Houston, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheets.) Read the requirement worry or more per b. Calculate the issuance of common stock or retirement of common stock. Motorvehicles of Houston had only one common stock transaction during the year. The issuance of common stock is $ thousand. h c. Calculate the navment of cash dividends (same as dividends declared) This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. Similar Quest All parts showing Motorvehicles of Philadelphia, Inc., reported the following financial statements for 2018 (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheets.) Read the requirement a. Calculate the new borrowing or payment of long-term notes payable. Motorvehicles of Philadelphia had only one long-term note payable transaction during the year. The of long-term notes payable is $ thousand iter any number in the input fields and then click Check Answer. Choos new borrowing payment parts remaining Clear All Check Answer 2 c. Calculate the payment of cash dividends (same as dividends declared). The payment of dividends is $ thousand. This question is complete. Move your cursor over or tap on the red arrows to see inco All parts showing Previous