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View Policies Current Attempt in Progress Below is the comparative balance sheet for Nash Corporation Dec. 31, 2020 Cash $16,400 Dec. 31, 2019 $21,100
View Policies Current Attempt in Progress Below is the comparative balance sheet for Nash Corporation Dec. 31, 2020 Cash $16,400 Dec. 31, 2019 $21,100 Short-term investments 25,200 19.100 Accounts receivable 43,400 45,100 Allowance for doubtful accounts (1.900 ) (2.000) Prepaid expenses 4,300 2,400 Inventory 82.200 65.200 Land 50,100 50.100 Buildings 125,100 73,600 Accumulated depreciation-buildings (29,700) (23,000) Equipment 52.600 45.900 Accumulated depreciation-equipment (19,100) (15,300) Delivery equipment 39.400 39,400 Accumulated depreciation-delivery equipment (22.200) (20,700 ) Patents 14,900 -0- $380,700 $300,900 Accounts payable $26,000 $16,000 Short-term notes payable (trade) 4,000 5,900 Accrued payables 3,000 4,700 Mortgage payable 72,600 52,800 Bonds payable 50,200 61,900 Common stock 140,500 101,200 Paid-in capital in excess of par 10,000 4,100 Retained earnings 74,400 54,300 $380,700 $300,900 -/1 E Dividends in the amount of $15,100 were declared and paid in 2020 From this information, prepare a worksheet for a statement of cash flows. Make reasonable assumptions as appropriate. The short term investments are considered available-for-sale and no unrealized gains or losses have occurred on these securities (Enter rin debit or in credit column in Statement of Cash Flows Effects except for totals)
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