Menu
support@businesspapershelp.com
+1(805) 568 7317

question hartman inc has prepared the following comparative balance sheets for 2017 4279648

Question

Hartman, Inc. has prepared the following comparative balance sheets for 2017 and 2018 2018 2017 Cash 341,640 179,010 Accounts receivable 174,330 136,890 175,500 210,600 Inventory Prepaid expenses 31,590 21,060 Plant assets 1,491,750 1,228,500 (526,500) (438,750) Accumulated depreciation Patents 179,010 203,580 $1,856,790 $1,551,420 Accounts payable 179,010 196,560 Accrued liabilities 70,200 49,140 Martgage payable 526,500 Preferred stock 614,250 Additional paid-in capital preferred 140,400 Common stock 702,000 702,000 Retained earnings 150,930 77,220 $1,856,790 $1,551,420 1. The Accumulated Depreciation account has been credited only for the depreciation expense for the period 2. The Retained Earnings account has been charged for dividends of $173,160 and credited for the net income for the year.

 

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"GET15"

Order Now