55ment Chapter 16 due 0323202201159 Sved Help Save & Exit Submit Check my work 3 Instant Brake Inc.'s comparative balanc

[answerhappygod]

55ment Chapter 16 Due 0323202201159 Sved Help Save Exit Submit Check My Work 3 Instant Brake Inc S Comparative Balanc 1 (30.64 KiB) Viewed 31 times

55ment Chapter 16 Due 0323202201159 Sved Help Save Exit Submit Check My Work 3 Instant Brake Inc S Comparative Balanc 2 (31.52 KiB) Viewed 31 times

55ment Chapter 16 Due 0323202201159 Sved Help Save Exit Submit Check My Work 3 Instant Brake Inc S Comparative Balanc 3 (31.94 KiB) Viewed 31 times

55ment Chapter 16 Due 0323202201159 Sved Help Save Exit Submit Check My Work 3 Instant Brake Inc S Comparative Balanc 4 (29.14 KiB) Viewed 31 times

55ment Chapter 16 due 0323202201159 Sved Help Save & Exit Submit Check my work 3 Instant Brake Inc.'s comparative balance sheet information at December 31, 2020 and 2019, and its income statement for the year ended December 31, 2020, are as follows: 10 Doint Skipped 5875,000 573,000 5302.000 Tastant Brake Inc. Income Statement December 11, 2020 Sales Cont of goods sold Gross pro Operating expenses 133.000 Depreciation expense 11.250 Citating Veet At taas on sale of an 20,30 Isvetent income Profit before taxes Income taxes Profit 10.a Print 335.500 525,000 $220,00 Cash Cash equivalent Accounts receivable Inventory Investment Land Instant Brake Inc. Balance Sheet Information December 31 2020 2019 Nes Change 45,000 24,360 20.600 23,70 9.000 24.900 17.720 34.440 53,280 113,640 30.520 33, 110 29,200 23, 2101 76,200 76,200 10 Ms
Assignment #5 - Chapter 16 due 03232022 01159 Saved Help Save & Exit Submit Check my world 3 14,700 33,280 33,120 23,710) Cash equivalent hecounts receivable Inventory Investment Land Building and equipment Accumulated depreciation Accounts payable Dividend payable Bonde payable Preferred share Common shares Retained earning TO points 9,000 34. 149 to, 520 25,160 76.200 443,970 93,960 37.200 900 23.700 3,720 113,640 0 76.200 125.950 115.00 13,220 1.400 22.000 83.000 405,180 235.240 (18,020) 24.050 (24.00 500 25,000 Sked 1.000 405.00 13,730 61,50 Prime References During 2020, the following transactions occurred 1. Purchased equipment for $20,500 cash 2. Sold the investment on January 1, 2020. for $41800, resulting in investment income of $18,020 3. Sold equipment for $7,370 cash that had originally cost $38,520 and had $20160 of accumulated depreciation 4. Issued $21000 of bonds payable at face value Required: 1. How much cash was paid in dividends? Didends pard
bave Et Submit Check my work 3 2. Prepare a statement of cash flows for instant Brake for the year ended December 31, 2020, using the indirect method. (List any deduction in cash and cash outflows as negative amounts) 10 Don INSTANT BRAKE ING. Statement of Cash Flows For Year Ended December 1, 2010 Skipped Cash flows from operating activities co Adjustments to reconcile profitto nel cash infows from operating activities References $ Cash flows from investing activities MC G < Prev 3 of 4 Next >
IU - US252020159 Seved Help Seve Exit Sub Check my work 3 5 0 Cash flows from investing activities 10 Don coed ce Cash flows from francing activities Print $