Question: there is no more info, i need only to do a T accounts. thats it The comparative balance sheets for 2018 and 2017 and the





there is no more info, i need only to do a T accounts. thats it
The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company. Additional information from Dux's accounting records is provided also DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 s in 000s) 2018 2017 Assets Cash Accounts receivable S 34 $ 28 68 34 Less: Allowance for uncollectible accounts Dividends receivable Inventory Long-term investment Land Buildings and equipment 65 40 70 277 36 50 280 Less: Accumulated depreciation (45) (70) $ 474 451 Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable $ 34 56 4 110 85 Less: Discount on bonds Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings 200 20 76 (8) e 474 451 210 24 70 Less: Treasury stock (at cost)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
