Question: please help with question Say Homework: Homework chapter 14 Score: 0 of 10 pts 3 of 6 (1 complete) E14-23 (book/static) HW Score: 42.08%, 42.08




Say Homework: Homework chapter 14 Score: 0 of 10 pts 3 of 6 (1 complete) E14-23 (book/static) HW Score: 42.08%, 42.08 of 100 Question Help Rouse Exercise Equipment, Inc. reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet.) Read the requirements. Requirement 1. Compute the amount of Rouse Exercise's acquisition of plant assets. Rouse Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $47.900. No cash was received upon disposal. The acquisitions of plant assets amounts to $ Enter any number in the edit fields and then click Check Answer. 3 partaining 2 parts Clear All Check Answer remaining mework chapter 14 3 of 6 (1 complete) HW Score ted the following financial statements for 2018: statement.) : (Click the icon to view the comparative balance sheet.) ook * Requirements 1. Compute the amount of Rouse Exercise's acquisition of plant assets. Assume the acquisition was for cash. Rouse Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $47,900. No cash was received upon disposal. 2. Compute new borrowing or payment of long-term notes payable, with Rouse Exercise having only one long-term notes payable transaction during the year. 3. Compute the issuance of common stock with Rouse Exercise having only one common stock transaction during the year. 4. Compute the payment of cash dividends. Print Done s and then click Check Answer. Clear All Willapel 14 3 of 6 (1 complete) HW Data Table Rouse Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 $ 1 Assets Current Assets: Cash Accounts Receivable Merchandise Inventory Long-term Assets: Plant Assets Accumulated Depreciation Plant Assets 17,000 $ 57,000 79,000 16,000 46,000 90,000 260,500 (38,500) 96,000 471,000 $ 216,400 (32,400) 73,000 409,000 Investments Total Assets Liabilities Current Liabilities: Print Done VOITUULULIT 3 of 6 (1 complete) HW SC i Data Table Accumulated Depreciation-Plant Assets (38,500) 96,000 471,000 $ (32,400) 73,000 Investments Total Assets 409,000 Liabilities 71,000 72,000 $ 3,000 5,000 Current Liabilities: Accounts Payable Salaries Payable Long-term Liabilities: Notes Payable Total Liabilities 61,000 69,000 136,000 145,000 Stockholders' Equity Common Stock, no par 45,000 290,000 34,000 230,000 Retained Earnings Total Stockholders' Equity 335,000 471,000 $ 264,000 409,000 Total Liabilities and Stockholders' Equity Print Done
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