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eWare Corp started operations Jan 1, 2009. Using the information from

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eWare Corp started operations Jan 1, 2009. Using the information from December 31, 2009 prepare income statement, retained earnings statement, balance sheet and statement of cash flows;Accounts Payable $31,500;Accounts receivable 50,400;Capital stock 262,500;Cash?;Cash payments for operating activities 735,000;Cash receipts from operating activities 878,850;Cost of sales 420,000;Dividends 26,250;Income tax expense 147,000;Income taxes payable 21,000;Interest expense 15,750;Inventories 94,500Note payable (due 2015) 105,000;Property, plant and equipment 396,900;Retained earnings?;Sales 929,250;Selling and administrative expense 110,250

 

Paper#26507 | Written in 18-Jul-2015

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