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Balance Sheet, June 30, 2014 Income Statement, For Year Ended June 30, 2015 Assets $93,580 81,387 Revenues. $ 8,669 163,715 Expenses. Cash. Noncash assets Net income $12,193 Total assets.. $172,384 Liabilities and equity $ 82,600 Statement of Cash Flows, For Year Ended June 30, 2015 Total liabilities. Equity Contributed capital. Retained earnings Other stockholders' equity 68,366 17,710 3,708 Operating cash flows. Investing cash flows. Financing cash flows. $29,080 (23,001) (9,153) Liabilities and equity... $172,384 Notes:1. Stock issuances for the year are $99. 2. Dividends for the year are $10,063. 3. Other decreases in retained earnings are $10,744. 4. Change in other stockholders' equity for the year is $(1,186).

Balance Sheet, June 30, 2014 Income Statement, For Year Ended June 30, 2015 Assets $93,580 81,387 Revenues. $ 8,669 163,715 Expenses. Cash. Noncash assets Net income $12,193 Total assets.. $172,384 Liabilities and equity $ 82,600 Statement of Cash Flows, For Year Ended June 30, 2015 Total liabilities. Equity Contributed capital. Retained earnings Other stockholders' equity 68,366 17,710 3,708 Operating cash flows. Investing cash flows. Financing cash flows. $29,080 (23,001) (9,153) Liabilities and equity... $172,384 Notes:1. Stock issuances for the year are $99. 2. Dividends for the year are $10,063. 3. Other decreases in retained earnings are $10,744. 4. Change in other stockholders' equity for the year is $(1,186).

Financial Accounting
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 3PA: The comparative balance sheet of Whitman Co. at December 31, 2016 and 2015, is as follows: The...
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Assume Microsoft Corporation reports the following balances for the prior-year balance sheet and current-year income statement ($ millions). Prepare the articulation of Microsoft’s financial statements for fiscal years 2014 and 2015.

Balance Sheet, June 30, 2014 Income Statement, For Year Ended June 30, 2015 Assets Revenues Expenses. $93,580 81,387 Cash . Noncash assets $ 8,669 163,715 Net income $12,193 Total assets. . $172,384 Liabilities and equity Total liabilities S 82,600 Statement of Cash Flows, For Year Ended June 30, 2015 Equity Contributed capital. Retained earnings. Other stockholders' equity. Liabilities and equity.. Operating cash flows Investing cash flows. Financing cash flows $29,080 (23,001) (9,153) 68,366 17,710 3,708 $172,384 Notes:1: Stock issuances for the year are $99. 2. Dividends for the year are $10,063. 3. Other decreases in retained earnings are $10,744. 4. Change in other stockholders' equity for the year is $(1,186).
Transcribed Image Text:Balance Sheet, June 30, 2014 Income Statement, For Year Ended June 30, 2015 Assets Revenues Expenses. $93,580 81,387 Cash . Noncash assets $ 8,669 163,715 Net income $12,193 Total assets. . $172,384 Liabilities and equity Total liabilities S 82,600 Statement of Cash Flows, For Year Ended June 30, 2015 Equity Contributed capital. Retained earnings. Other stockholders' equity. Liabilities and equity.. Operating cash flows Investing cash flows. Financing cash flows $29,080 (23,001) (9,153) 68,366 17,710 3,708 $172,384 Notes:1: Stock issuances for the year are $99. 2. Dividends for the year are $10,063. 3. Other decreases in retained earnings are $10,744. 4. Change in other stockholders' equity for the year is $(1,186).
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