These items are taken from financial statements of Beaulieu Limited for the year ended December 31, 2021: Cash Buildings Accumulated depreciation equipment Accounts payable Salaries payable Common shares Accumulated depreciation buildings Accounts receivable Prepaid insurance Equipment Income tax expense Long-term investments Retained earnings, January 1 Dividends declared Service revenue Depreciation expense Insurance expense Salaries expense Utilities expense Interest expense Interest income Land Mortgage payable $ 11,170 105,000 19,200 9,550 6,170 45,000 12,000 7,500 250 32,000 5,000 20,000 34,000 3,500 193,100 5,400 2,400 145,600 3,700 8,000 500 145,800 175,800
These items are taken from financial statements of Beaulieu Limited for the year ended December 31, 2021: Cash Buildings Accumulated depreciation equipment Accounts payable Salaries payable Common shares Accumulated depreciation buildings Accounts receivable Prepaid insurance Equipment Income tax expense Long-term investments Retained earnings, January 1 Dividends declared Service revenue Depreciation expense Insurance expense Salaries expense Utilities expense Interest expense Interest income Land Mortgage payable $ 11,170 105,000 19,200 9,550 6,170 45,000 12,000 7,500 250 32,000 5,000 20,000 34,000 3,500 193,100 5,400 2,400 145,600 3,700 8,000 500 145,800 175,800
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13P: Comprehensive The following are Farrell Corporations balance sheets as of December 31, 2019, and...
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