{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T16:14:17-04:00", "answer_date": "2024-05-29 16:14:17", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1894333", "url": "\/study-help\/questions\/private-company-reporting-under-aspe-the-following-selected-account-balances-1894333", "question_creation_date_js": "2024-05-29T16:14:17-04:00", "question_creation_date": "May 29, 2024 04:14 PM", "meta_title": "[Solved] private company reporting under ASPE. The | SolutionInn", "meta_description": "Answer of - private company reporting under ASPE. The following selected account balances were reported in Blossom Inc's financial | SolutionInn", "meta_keywords": "private,company,reporting,aspe,selected,account,balances,reported,blossom,inc,s,financial", "question_title_h1": " private company reporting under ASPE. The following selected account balances were reported in Blossom Inc's financial statements at year end: Cash Buildings Equipment 2021", "question_title": " private company reporting under ASPE. The following selected account balances were", "question_title_for_js_snippet": "private company reporting under ASPE The following selected account balances were reported in Blossom Inc's financial statements at year end Cash Buildings Equipment 2021 2020 $19,650 $9,100 858,000 747,000 409,000 354,600 Land 107,000 61,500 Accumulated depreciation buildings 311,000 299,000 Accumulated depreciation equipment 137,000 102,500 Dividends payable 6,850 3,300 Mortgage payable 549,800 589,800 Notes payable 346,000 315,000 Common shares 5 520 shares in 2021 4,120 in 2020 545,000 416,000 Retained earnings 213,000 114,000 Cash dividends declared 31,000 14 800 Depreciation expense buildings 27,500 40,600", "question_description": "\"image\"image\"image", "transcribed_text": "private company reporting under ASPE. The following selected account balances were reported in Blossom Inc's financial statements at year end: Cash Buildings Equipment 2021 2020 $19,650 $9,100 858,000 747,000 409,000 354,600 Land 107,000 61,500 Accumulated depreciation-buildings 311,000 299,000 Accumulated depreciation-equipment 137,000 102,500 Dividends payable 6,850 3,300 Mortgage payable 549,800 589,800 Notes payable 346,000 315,000 Common shares: 5.520 shares in 2021: 4,120 in 2020 545,000 416,000 Retained earnings 213,000 114,000 Cash dividends declared 31,000 14.800 Depreciation expense-buildings 27,500 40,600", "related_book": { "title": "Financial Accounting", "isbn": "78111021, 978-0078111020", "edition": "7th Edition", "authors": "LibbyShort", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/72.jpg", "uri": "\/textbooks\/financial-accounting-7th-edition-72", "see_more_uri": "" }, "free_related_book": { "isbn": "9811667489", "uri": "\/textbooks\/toxicology-at-environmentally-relevant-concentrations-in-caenorhabditis-elegans-1st-edition-978-9811667480-266495", "name": "Toxicology At Environmentally Relevant Concentrations In Caenorhabditis Elegans", "edition": "1st Edition" }, "question_posted": "2024-05-29 16:14:17", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/let-s-represent-the-amount-of-steel-produced-in-tons", "description": "Let S represent the amount of steel produced (in tons). 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