The table below has miscellaneous jumbled financial data for 2019 (in $000s). Lets develop the 2019 income statement, the December 31, 2019 balance sheet, and statement of retained earnings for 2019 for the High Uinta Corporation from the data. The past December 31, 2018 balance sheet is also provided. From the year-end 2019 and 2018 balance sheets, plus the 2019 income statement, we shall prepare the statement of cash flows, and the sources and uses statement for 2019 (spreadsheet).
AutoSave OFF Osv5- W accounting_example - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Tell me Le Share O Comments X 1 AaBb code AarbreDdFe AaBbCcD AaBhCcDdE LN Paste Times New... 12 A A Aav A BI U ab X, X ADA Normal No Spacing Heading 1 Heading 2 Dictate Styles Pane Sensitivity The table below has miscellaneous jumbled' financial data for 2019 (in SXO0s). Let's develop the 2019 income statement, the December 31, 2019 balance sheet, and statement of retained earnings for 2019 for the High Vinta Corporation from the data. The past December 31, 2018 balance sheet is also provided. From the year-end 2019 and 2018 balance sheets, plus the 2019 income statement, we shall prepare the statement of cash flows, and the sources and uses statement for 2019. HIGH UINTA CORPORATION $130 S6S SSO $975 S50 S80 S155 Accounts Payable Depreciation Expense Long-Term Delt-Current Portion Inventory Preferred Stock Common Stock Dividend Interest Expense Accumulated Depreciation Marketable Securities Miscellaneous Expenses Mortgage Debt Accounts Receivable Capital Surplus Tax Expense Palents S675 S75 S45 $350 SSRS SI75 $184 $175 S50 S20 Miscellaneous Long-Term Assets Accrued Expenses Nel Sales Wages Payable Selling & Administrative Expense $4,250 S65 S925 Page 1 of 3 309 words English (United States) Focus - 100% AutoSave OFF SU - accounting_example - Saved to my Mac Review View Layout 9 Tell me Home Insert Draw Design Layout References Mailings Table Design Le Share O Comments X 1 Aabbccdee AarbreDdFe AaBbCcD AaBhCcDdE LN Paste Times New... v 10 A A Aav A BIU ab X, X ADWAY Normal No Spacing Heading Heading 2 Dictate Styles Pane Sensitivity SI30 S1,850 $S75 S427 $2,520 Notes Payable-Bank Gross Plant & Equipment Long-Term Debt Band Cash Cost of Goods Sold Taxes Payable Common Stock Amortization of Patent Relained Earnings-- January 1, 2019 Preferred Dividend $51 S250 SIS $1,395 S40 Balance sheet for December 2018 HIGH UINTA CORPORATION BALANCE SHEET --DECEMBER 31, 2018 (In $ DIXY) CASH SSS! ACCXXUNTS RECEIVABI. 435 INVENTORY 825 MARKETABLE SECURITIES 155 $ 1,985 TOTAL CURRENT ASSETS GROSS PLANT & EQUIPMENT ACCUMULATED DECRECIATION NET PLANT & EQUIPMENT $1,550 16103 S 940 190 PATENTS MISCELLANEOUS LONG-TERM ASSETS 45 TOTAL ASSETS $ 3.1611 NOYTES PAYABLE-BANK LONG-TERM DERT (CURRENT PIRTION) ACCXXUNTS PAYARL S11 65 VAGES PAYABLE 60 Page 2 of 3 309 words English (United States) O Focus - 100% AutoSave OFF HS58 accounting_example Saved to my Mac Review View Tell me Home Insert Draw Design Layout References Mailings Le Share O Comments X 2 1 dFe AaBbceDdEe AaBbCcD AaBhCcDdE LN Paste Times New... v 12 A A Aav A BI U ab x x ADA Normal No Spacing Heading 1 Heading 2 Dictate Styles Pane Sensitivity TAXES PAYABLE 45 35 $ 4010 $ 1,200 ACCRUED EXPENSES TOTAL CURRENT LIABILITIES LONG-TERM DERT (RONDS) MORTGAGE DERT TOTAL LIABILITIES PREFERRED STOCK COMMON STOCK CAPITAL SURPLUS RETAINED EARNINGS TOTAL LIABILITIES + EQUITY $50 $ 250 $ 125 $ 1.395 53,160 Page 3 of 3 309 words English (United States) Focus + 100%
