Question: please hurry, the answer choices are all the same for this This is Part B of Strauss & West LLC problem. You must complete Part

please hurry, the answer choices are all the same for this
please hurry, the answer choices are all the same for this This
is Part B of Strauss & West LLC problem. You must complete
Part A requirements before attempting Part B. Additional information for 2020 are

This is Part B of Strauss & West LLC problem. You must complete Part A requirements before attempting Part B. Additional information for 2020 are provided in items 1 to 5 beneath the balance sheet. On your work sheet, decompose the changes you calculated previously to the following accounts: 0 Investment securities: (1) Land, building and equipment (m) Bond payable; and (iv) Retained earnings. Part B: Classify the change in each non-cash balance sheet account as operating (O), investing (1), or financing (F) or a combination thereof. Note: In classifying the change, you should take into consideration the additional information (items 1 to 5) beneath the balance sheet. 2020 2019 Current Assets Cash $ 154.750 $ (45,910) Accounts Receivable, net 160,000 136,500 Inventory 330,000 290,000 Prepaid Insurance 3,000 4,000 Long-term Assets Investment securities Land, buildings, equipment Accumulated depreciation $ 31,000 2,500,000 (1,220,000) $ 170,000 2,250,000 (1.144,000) Total Assets $ 1,958,750 $ 1,660,590 Current Liabilities $152.680 Accounts payable Salaries pavable $ 205,520 49.000 40,000 Salaries payable Other current liabilities 49,000 40,000 50,000 150,000 Long-term Liabilities Bonds payable $ 400,000 $ 0 Equity Common stock Retained earnings $ 600,000 716,070 $ 600,000 656,070 Total liabilities and equity $ 1,958,750 $ 1,660,590 Additional information for 2020: 1. Sold investment securities costing $139,000 for $148,000. 2. Purchased new equipment for cash $290,000 3. Equipment costing $40,000 with accumulated depreciation of $30,000 was sold for $12,000. 4. Issued 6% bonds payable at par. $400,000 (a long-term liability). 5. Paid cash dividends of $40,000. Accounts receivable, net Choose. Inventory Choose Prepaid insurance Choose.. Investment securities Choose Additional information for 2020: 1. Sold investment securities costing $139,000 for $148,000. 2. Purchased new equipment for cash $290,000 3. Equipment costing $40,000 with accumulated depreciation of $30,000 was sold for $12,000 4. Issued 6% bonds payable at par, $400,000 (a long-term liability). 5. Paid cash dividends of $40,000. Accounts receivable, net Choose... Inventory Prepaid insurance Investment securities Choose... 1 0,1 o F O, IF LF OF Choose... Land, buildings, equipment Accumulated depreciation Choose.. + Accounts payable Salaries payable Other current liabilities Bonds payable Choose... Choose... + Choose... - Retained earnings Choose

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