Question: Please help! Questio Homework: Homework CH14 The 2018 comparative balance sheet and income statement of Attleboro Group, Inc follow. Altlaboro disposed of a plant asset






Questio Homework: Homework CH14 The 2018 comparative balance sheet and income statement of Attleboro Group, Inc follow. Altlaboro disposed of a plant asset at book value during 20 (Click the icon to view the comparative balance sheet) Click the icon to view the income statement) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method A plant asset was dis stock transactions. Assume plant asset and land acquisitions were for cash Use the transaction references in Panel B when selecting the transaction references in Panol A (If a box is not used in the spreadsheet leave the box Attleboro Group, Inc. Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Balance Transaction Analysis Balance Panel A Balance Sheet: 12/31/2017 DEBIT CREDIT 12/31/2018 Cash $ 15,400 $ 5,600 Accounts Receivable 43,200 41,800 Merchandise Inventory 93,300 (d) 97 100 Land 16 000 (0 25800 41 800 Plant Assets 111 210 h) 121,510 Accumulated Depreciation Plant Assets (17310) (9) (20.110) S 261,000 $ Total Ascots 287,700 Engela 3800 26,400 Accounts Payable Accrued Liabilities Notes Payablo Total Liabilities 22.100 66,000 24,800 23 800 50,000 114,500 98.600 Common Stock 127.900 19.400 Retained Earnings Total Liabilities and Stockholders' Equity 136,800 52.300 287.700 S 261,800 $ F Help me solve this Calculator Quest TIL Homework: Homework CH14 The 2018 comparative balance sheet and income statement of Attleboro Group, Inc. follow. Attleboro disposed of a plant asset at book value during (Click the icon to view the comparative balance sheet) (Click the icon to view the income statement) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method A plant asset was stock transactions Assume plant asset and land acquisitions were for cash. Cash Flows from Operating Activities (a Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: (b) c) (d) (e) (f) Net Cash Provided by Operating Acties Cash Flows from Investing Activities (h) Net Cash Used for Investing Activities Cash Flows from Financing Activities 6 (k Net Cash Used for Financing Activities (m) Non-cash Investing and Financing Activities (9) Total Non-cash Investing and Financing Activities (9) Total Help me solve this Calculator Homework: Homework CH14 The 2018 comparative balance sheet and income statement of Attleboro Group, Inc. follow. Attleboro disposed of a plant asset at book value during (Click the icon to view the comparative balance sheet) (Click the icon to view the income statement) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. A plant asset was stock transactions. Assume plant asset and land acquisitions were for cash. Cash Flows from Operating Activities a Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (b) c) (d) (e) (1) Net Cash Provided by Operating Achilles Cash Flows from Investing Activities: (h) (1) Net Cash Used for investing Activities Cash Flows from Financing Activities, 5 Net Cash Used for Financing Activities (m Non-cash Investing and Financing Activities: Total Non-cash investing and Financing Activities (9) Total Help me solve this Calculator and Data table Attleboro Group, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets S 5.600 5 15,400 41 800 Cash Accounts Receivable Merchandise Inventory Long-term Assets: 43,200 93 300 97 100 Land 41,800 16.000 Plant Assets 121,510 Accumulated Depreciation Plant Assets (20,110) 287,700 S 111,210 (17310) 261,800 $ Total Assets Liabilities Current Liabilities S 24.800 $ 26.400 Accounts Payable Accrued Liabilities 23.800 22,100 Long-term Liabilities 50.000 66,000 Notes Payable Total Liabilities 98,600 114.500 Stockholders' Equity Common Stock, no par 136 800 52 300 127,900 19.400 Print Done 2018 2017 Assets Current Assets Cash $ 5.600 $ 15.400 43,200 Accounts Receivable Merchandise Inventory Long-term Assets 41,800 97 100 93 300 Land 41,800 16,000 Plant Assets 121 510 111,210 (17.310) Accumulated Depreciation Plant Assets (20, 110) 287,700 $ $ 261,800 Total Assets Tlabilities S 26,400 24,800 $ 23,800 22.100 Current Liabilities Accounts Payable Accrued Liabilities Long-term Liabilities Notes Payable Total Liabilities 50 000 66,000 98,600 114,500 Stockholders' Equity 136.800 52 300 127.900 19,400 Common Stock, no par 147,300 Retained Earnings Total Stockholders' Equity 189.100 $ 287.700 S 261,800 Total Liabilities and Stockholders' Equity Print Done - X Data table Attleboro Group, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue 437.000 205,700 lecet Cost of Goods Sold 231,300 Gross Profit e In 5 76,200 15.100 49.500 Id De Operating Expenses Salaries Expense Depreciation Expense Plant Assets Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses) Interest Revenue 140,800 90,500 Nayab 11.400 K24 200) biliti Interest Expense jes (12.800) Total Other Income and (Expenses) Net Income Before Income Taxes ble 77,700 16,800 Income Tax Expense $ 60,900 Net Income no pa bis rs' Ec Print Done ind St www und w WIE DIE Chat CD
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