Ikiban incorporated comparative balance sheet
Web30 jun. 2024 · IKIBAN INC. Comparative ... The following financial statements and additional information are reported. Additional Information A $46,800 note payable is retired at its $46,800 carrying (book) value in exchange for cash. The only changes affecting retained earnings are net income and cash dividends paid. New equipment is acquired … WebJune 30, 2024 and 2024 2024 2024 Assets Cash$81,500 $54,000 Accounts receivable, net 80,000 61,000 Inventory 73,800 101,500 Prepaid expenses 5,400 7,400 Total current assets 240,700 223,900 Equipment 134,000 125,000 Accum. depreciation—Equipment (32,000) (14,000) Total assets$342,700 $334,900 Liabilities and Equity Accounts payable$35,000 …
Ikiban incorporated comparative balance sheet
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WebIKIBAN INCORPORATED; Comparative Balance Sheets; At June 30: 2024: 2024: Assets: Cash: $ 97,300: $ 61,000: Accounts receivable, net: 90,500: 68,000: Inventory: 80,800 ...
Web30 jun. 2013 · The balance sheet of Phototec, Inc., a distributor of photographic supplies, as of May 31 is given below: Phototec, Inc. Balance Sheet May 31 Assets Cash $9,900 Accounts receivable 66,000 Inventory 3 The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 20Y2 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, … Web30 jun. 2013 · The comparative balance sheets of Connecticut Inc. at the beginning and the end of the year 2010 appear below. Connecticut Inc. Balance Sheets; The 2016 comparative balance sheet and income statement of Waterman Pet Supply Inc. are: Waterman Pet Supply, Inc. Comparative Balance Sheet, December 31, 2016, and …
Web30 jun. 2024 · Answer to: IKIBAN INC Comparative Balance Sheets June 30, 2024 and 2016 2024 2016 Assets Cash $103,900 $50,000 Accounts receivable,... Web2024 IKIBAN INCORPORATED Comparative Balance Sheets At June 30 2024 Assets Cash $ 105, 100 Accounts. Answer: IKIBAN, INC. Statement of Cash Flows (Indirect Method) For Year Ended June 30, 2024 Cash flows from operating activities Net income $107,510 Adjustments to reconcile net income to net cash provided by operating …
Web30 jun. 2024 · The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2024 and 2024 2024 2024 Assets Cash $ 102,100 $ 53,000 Accounts receivable, net 78,500 60,000 Inventory 72,800 100,000 Prepaid expenses 5,300 7,200 Total current assets 258,700 220,200 Equipment 133,000 …
WebTranscribed Image Text: IKIBAN INCORPORATED Comparative Balance Sheets 2024 At June 30 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accumulated depreciation Equipment Total assets Notes payable (long term) Total liabilities. Equity Common stock, $5 par value Retained earnings. dcgetreview.comWebIKIBAN INC. Comparative Balance sheets June 30 , 2024 and 2024 Fo 2024 2024 Sales Assets Cost of goo Cash 87500 44000 Gross profi Accounts receivable , net 65000 51000 Operating e Inventory 63800 86500 D Prepaid expenses 4400 5400 Total Current assets 220700 186900 Total Opera Equipment 97000 106000 Other Gain Total Assets 317700 … dc generator outputWebThe following financial statements and additional information are reported. IKIBAN INCORPORATED Comparative Balance Sheets At June 30 2024 2024 Assets Cash $ 104,500 $ 49,000 Accounts receivable, net 72,500 56,000 Inventory 68,800 94,000 Prepaid expenses 4,900 6,400 Total current assets 250,700 205,400 Equipment 129,000 … dcgetdcname pdc_required call failedWebSee Answer. Question: Exercise 16-12 (Algo) Indirect: Preparing statement of cash flows LO P2, P3, A1 Skip to question [The following information applies to the questions displayed below.] The following financial statements and additional information are reported. IKIBAN INCORPORATED Comparative Balance Sheets At June 30. dc generator parts and their functionWebIKIBAN INC. IKIBAN INC. Comparative Balance sheets Income stateme June 30 , 2024 and 2024 For the year ended Jun 2024 2024 Sales Assets Cost of goods sold Cash 87500 44000 Gross profit Accounts receivable , net 65000 51000 Operating expnses Inventory 63800 86500 Depreciation expenses Prepaid expenses 4400 5400 other expenses Total … dc generator theraja pdfWeb30 jun. 2024 · IKIBAN INC, Comparative Balance Sheets June 30, 2024 and 2016; 2024 2016; Assets: Cash: $100,300: $56,000: Accounts receivable, net: 83,000: ... IKIBAN INC. Statement of Cash Flows (Indirect Method) For Year Ended June 30, ... Cash is the most important account on the balance sheet as conversion of assets into cash are the … dc generator efficiency %WebIts comparative balance sheet shows the following changes: accounts receivable increased $7,400; inventory decreased $9,400; prepaid insurance decreased $2,400; accounts payable increased $4,400; and taxes payable decreased $3,400. Compute cash flows from operations using the indirect method. dcgetdcname pdc_required 呼び出しが失敗しました