Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. balance sheet 2002 2001 accounts payable .

Balance Sheet 2002 2001 Accounts Payable ...

80.2K

Verified Solution

Question

Accounting

Balance Sheet

2002

2001

Accounts Payable

165

95

Accumulated Deprecation

520

339

Cash

200

100

Common Stock

1,000

700

Dividends Payable

40

25

Equipment

2,700

2,395

Income Tax Payable

100

135

Inventory

1120

890

Mortgage Payable

900

1265

Prepaid General Expense

300

350

Retained Earnings

1545

1098

Unearned Sales Revenue

50

78

Income Statement for 2002

Debit Credit

Sales

10,000

Loss on P.P.E.

100

COGS

6,000

General Expense

2,000

Depreciation Expense

330

Income Tax

700

Total Expense

9,130

Net Income

870

-What is the cash paid to repurchase shares of stock in 2002?

-What is the cash paid in inventory?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

File second page of form 1040 please. 1. Charlotte Burton (unmarried) is employed as an office manager at...

Accounting
Q

19. Which of the following statements is true? Choose all that apply. a) Acidic solutions taste bitter. b) Basic...

Chemistry
Q

choose one of the factors that impacts reaction rate(conecentration, temp, or ph) and in your own...

Biology
Q

Calculate the number of moles of ammonia needed to dissolve 0.0010 mole of silver chloride in...

Chemistry
Q

Consider a slab of p tupe semiconductor with doping of Na= 10^17 cm^-3. Use the following...

Electrical Engineering
Q

The claim submission process is very complex. Give an overview of the process and explain the...

Operations Management
Q

1 Violet light is falling on a photosensitive material causing ejection of photoelectrons with maximum...

Physics
Q

Let f(x)=?x6 +5x - x - 3.Complete the tables below. Round all table values to...

Basic Math
Q

Q5 Question 1 26 Consider the Drafting NFL Quarterbacks problem Suppose you want to use...

Statistics
Q

4. costco retail how does the company segment sales and expenses- in other words what...

Accounting
Q

Fender Construction Company receives a contract to construct a building over a period of 3...

Accounting
Q

The balance sheet of a company shows $ 100 million of total assets, $ 50...

Finance