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Otion 10 The balance sheet for December 31, 2012, December 31, 2011. december 1, 2017, de a Racket Com Ralance December 31, 2012 2011 2012
Otion 10 The balance sheet for December 31, 2012, December 31, 2011. december 1, 2017, de a Racket Com Ralance December 31, 2012 2011 2012 2011 As Aces receivable, et 70.000 60.000 80.000 130,000 Building and equipment Accumulated depreciation 200.000 115,000 170..9903 10.0001 Liabilities and Stockholden Tuity Accounts payable Current notes payable Common stock Retained earnings $ 30,000 50,000.- 110,000** 61.000 $ 35,000 60,000 100,000 14.000 Additional Information Net income for 2012 is $45,000. During 2012 cash payments for building and equipment $15,000 " During 2012 cash paid for retirement of notes payable $10,000 - During 2012 cash received from issuance of stock Note: Cash dividends of $68,000 were paid during 2012. Net cash provided (used) by financing activies will be A (71,000) OB (13,000 C. (68,000) OD. (58,000)
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