Question: PR 16-2B Statement of Cash Flows (Obj. 2, 3, 4, 5) The comparative balance sheet of Harris Industries Inc. at December 31, 20Y4 and 20Y3,
PR 16-2B Statement of Cash Flows (Obj. 2, 3, 4, 5) The comparative balance sheet of Harris Industries Inc. at December 31, 20Y4 and 20Y3, is as follows: Cash............. Accounts receivable (net).. Inventories...... Prepaid expenses. Land..... ********* Buildings....... Accumulated depreciation-buildings... Machinery and equipment... Accumulated depreciation-machinery and equipment.. Patents....... Total assets.. Accounts payable...... Dividends payable..... Details Assets PRE ****** Liabilities and Stockholders' Equity Salaries payable.... Mortgage note payable, due in 10 years.. Bonds payable... Common stock, $5 par.... ********* ******** PASCAP**** Paid-in capital in excess of par... Retained earnings.... Total liabilities and stockholders' equity.. ....... ...... X W Dec. 31, 20Y4 $ 443,240 665,280 887,880 31,640 302,400 1,713,600 (466,200) 781,200 (214,200) 106,960 $4,251,800 $ 837,480 32,760 78,960 224,000 0 200,400 366,000 2,512,200 $4,251,800 Dec. 31, 20Y3 $360,920 592,200 1,022,560 25,200 302,400 1,134,000 (414,540) 781,200 (191,520) 112,000 $3,724,420 $ 927,080 25,200 87,080 0 390,000 50,400 126,000 2,118,660 $3,724,420 G
The comparative balance sheet of Harris Industries Inc. at December 31,20Y4 and 20Y3, is as follows: The comparative balance sheet of Harris Industries Inc. at December 31,20Y4 and 20Y3, is as follows
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