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PART 2 Financial Tools bar 31 98 2015 S 16.000

Question : PART 2 Financial Tools bar 31 98 2015 S 16.000 : 3593

PART 2 Financial Tools bar 31 98 2015 S 16.000 15,000 7,200 34,100 Marketable securities 138,300 si $150,000 $150,000 190,000 Land and buildings Machinery and equipment 54,000 $415,000 145,000 115, 000 $285 000 Tocal gross fixed assets Less Accumulated depreciation $401,200 $408,000 Liabilities and Stockholders' Equity 57,000 49,000 Accounts payable 13,000 16,000 Notes payable s 71,000 Total current liabilities $150,000 $160,000 $110.200 $120,000 term debt Common stock equity (shares outstanding: 19,500 in 2015 and 20,000 in 2014) Retained 73,100 50,200 Total stockholders' equity $183 Total liabilities and stockholders' equity $408,300 $401,200 Technica, Inc., Statement of Retained Earnings for the Year Ended December 31, 2015 Retained earnings balance (January 1, 2015) Plus: Net profits after S50,200. Less: taxes (for 2015) 42,900 Cash dividends during 2015) Retained (paid 20,000 LGn P3-2 earnings balance (December 31, 2015) $73100 Financial account identification Mark each of the accounts listed in thr statement following table as follows: a. In column (1), indicate in which statement b. sheet (BS)-the account belongs statement (IS) or balance In column (2), i icate whether the account is a asset cul ity (CL), expense (E), fixed asset (FA stockholders' equity (SE). de 0 revenue (Rh

 

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