30 Jun Question Description This is an intermediate accou
Question Description
This is an intermediate accounting question,not principle accounting I and II !!!!
Tags: Operating budget cashflows Financing Activities Investing Activities income statement
act3392traditionalhwnos21to21.docx
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21. (20 points) G Service Company’s 2016 and 2017 balance sheets and 2017 income statement (excluding EPS) follow: 12-31-16 Cash Trade receivables, net Prepaid expenses Plant assets Accumulated depreciation Patents $900,000 600,000 100,000 2,900,000 (600,000) 240,000 $4,140,000 Accrued liabilities Unearned revenues Short-term debt Bonds payable Discount on bonds payable Asset retirement obligations Common stock ($1 par
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