Description
The first sheet in the Excel Doc. needs to have two columns filled out. Then on the blank Sheet3 a cash flow needs to be done using the information on the first and second sheets.
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Explanation & Answer
Attached.
Ryan Corporation
Comparative Balance Sheet
Assets
Cash
Accounts receivable
Inventories
Prepaid expenses
Investments-L/T
Plant assets
Accumulated depreciation
Total Assets
12/31/15
46.000
47.000
144.000
1.000
115.000
715.000
(103.000)
965.000
12/31/14
15.000
55.000
110.000
5.000
127.000
505.000
(68.000)
749.000
Liabilities
Accounts payable
Accrued expenses
Income taxes payable
Bonds payable
Total Liabilities
50.000
12.000
3.000
295.000
360.000
43.000
9.000
5.000
245.000
302.000
Stockholders' Equity
Common stock, $5 par
Addit. paid in capital
Retained earnings
Total Stockholders' Equity
276.000
189.000
140.000
605.000
200.000
115.000
132.000
447.000
...
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