Plus, Inc. follow Use the n Panel A (f a bux is not used in the spreadsheet, leave the bax empty, do not selat a label or enter a zer. Do not eleck your answer urti bath Pinel A and Panel B have been completed Albreviations used: Ation of Plant Assets by Issuing NP Acquisition of Plant Assets by Issuing Note Paysable.) Energy Plus, Inc. Balance 9/30/2017 CREDIT DEBIT 9/30/2018 S 15,000 S 36,000 Cash 55,000 43,000 Accounts Receivable 96,000 91,000 85,000 199,000 (40.000) (49,000) (20,000) Accumulsted Depreciation-Plant Assets 75,000 99.000 Land Choose from any list or enter any number in the input fields and then click Check Answer Clear All ECA-31 (similar to) (Click the ioon to view the nome statement) (Click the ion to view the additional data.) 75.000 99,000 Land S 400,000 22,000 [ 25,000 40,000 Accounts Payable 19,000 Accrued Liabilities 13,000 12,000 Notes Payable 72,000 59,000 12.00038000 12,000 200,000 254, 000 Retained Eamings S 400,000 $ 325,000 Total Lisbilities and hoose from any list or enter any number in the input fields and then click Check Answer Clear All l parts showing ECA-31 (similar to) Net I e) It (91) Clear All (92) (92) Clear All ECA-31 (similar to) Into EE (Click the icon to view the income st t. 5101,000 is paid in of plant assets is $114,000. Of this amount s1 peayable for the 2018 staAoquiition b. Cash receipt from sale of land totals $24.000. There was no gain or koss c Cash receipts from issuance of common stock total 326,000. d. Payment of note e. Payment of dividends is $8,000 f. From the balanoe sheet is $12,000. Net Cash Used for Investing Activities September 30 2018 2017 S 36,000 15,000 Accounts Receivable 43,000 55,000 96,000 91,000 99,000 75.000 Plant Assets 199,000 85,000 Acoumulated Depreciation (49,000) (20,000) Accounts Payable 40,000 22,000 19,000 25,000 Print Done Chose fom any istorenter any nunt All part s showing Clear All Che ECA-31 (similar to) and (Click the icon to view the income statement)(Click the ioon to view the additional data.) Data Table Plus, Inc. Income Statement 00,000 Cost of Goods Sold Gross Profit 139,000 Operating Expenses $ 80,000 Salaries Expense 29.000 80,000 50,000 Net Income Before Income Taxes 8,000 Income Tax Expense Total $ 44,000 Net Income Choose from any list or enter any number in the input fields and then q Print Done All parts showing Plus, Inc. follow and More lnke -x Aoquesition of plant tassets is S 1 14,000 Of this nmount. 101000 is pod in cash and $13,000 by signing a nole payable Cash noept from sale of Innd totais $24,000 There wm rogmn or km Income Statement Cana, riceipts from insunnoe of oorwmon stock totd 20.000 e. 2018 is $12,000 Puyment of dividends is 38,000 e. From the sheet 00,000 of Goods Sold Gross Profit 139,000 2017 2018 3 36,000 15,000 Salaries Expense 00,000 Acpounts Receivable 29,000 43,00055.000 Depreciation Expense- Plant Assets 91,000 96,000 89,000 Total Opersting Expenses 75000 00,000 50,000 Net Income Before Income Taxes Plant Assets 199.000 85.000 .000 Accumulated Depreciation (40,000)(20.000) $ 44,000 Net Income 40,000 22.000 Acoounts Payable 25,000 10.000 Print Done ch 0
