Here are comparative balance sheets for Alpha Company.

Here are comparative balance sheets for Alpha Company.

ALPHA COMPANY

Comparative Balance Sheets

December 31

Assets

2014

2013

Cash

$72,710

$22,001

Accounts receivable

85,652

76,161

Inventories

169,800

188,601

Land

75,070

100,300

Equipment

259,540

200,580

Accumulated depreciation

(65,861)

(32,198)

    Total

$596,911

$555,445

Liabilities and Stockholders’ Equity

Accounts payable

$39,209

$46,636

Bonds payable

151,530

203,230

Common stock ($1 par)

214,140

175,750

Retained earnings

192,032

129,829

    Total

$596,911

$555,445

Additional information:

  1. Net income for 2014 was $101,690, depreciation was $33,663.
  2. Cash dividends of $39,487 were declared and paid.
  3. Bonds payable amounting to $51,700 were redeemed for cash $51,700.
  4. Common stock was issued for $38,390 cash.
  5. Land was sold for $25,230 cash, there was no loss.
  6. Equipment was purchased for $58,960 cash.

Instructions

statement of cash flows for 2014 using the indirect method. 

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more