Assets liab

DB CR DB CR
Beg Beg

End End

exp
DB CR
Beg

End

Accounts Rec Sales

DB CR DB CR
Beg $168,000.00 $1,653,000.00
$1,620,000.00

End $135,000.00 $1,620,000.00

Accounts Rec Sales

DB CR DB CR
Beg $168,000.00 $653,000.00
$620,000.00

End $135,000.00 $1,620,000.00

cash

end
 COGS Inventory
DB CR DB
$1,170,000.00 Beg $108,000.00
$1,149,000.00

End $87,000.00

Accounts payables
DB CR
$123,000.00 Beg
$1,170,000.00 $1,149,000.00

$102,000.00 End

Beg RE $223,200.00
NI $76,200.00
DIV $43,200.00
END RE $256,200.00

market price book value historical cost accumulated dep

gain loss

HC 100
Acc dep 30
BV 70
MP 90 Gain 20

BV $72,000.00
Loss $39,000.00
Market price $33,000.00
 equipment accumulated Dep
DB CR DB CR
Beg $480,000.00 $90,000.00
$390,000.00 $78,000.00 $6,000.00 $75,000.00

End $792,000.00 $159,000.00

accrued liab
DB CR
2000
$235,000.00 $237,000.00

$4,000.00
 SHE
DB CR
Beg

End

REV
DB CR
Beg

End
Inventory
CR
$1,170,000.00
Beg

End

Operating exp -Dep EX

$312,000.00 $75,000.00 $237,000.00
Beg

End
Apparel, inc. Cash flow stat, year XXXX (numbers in Million $)

Operating Activities
Net income 140
Adjustment to convert net income into a cash basis
Add depreciation expen 103 0.735714 0.397683
Add decrease in accounts receivable 17 0.065637
Deduct increase in inventory -49
Add increase in accounts payable 44
add increase in accrued liabilities 3
add increase in income tax payable 4
deduct gains -3
Net cash provided by operating activities 259

Investing Activities
Additions to property plant and equipment -138
Proceeds from sale of store 8 5+3
Net cash used in investing activites -130

Financing activities
Retirement of bonds payable -41
Issuance of common stocks 2
Cash dividends paid -28
Net cash used in financing activites -67

Net change (increase)in cash and cash equivale 62

Cash beginning balance 29
cash ending balance 91
Accumulated dep
DB CR
561 Beg
10 103

654 End

PPE
DB CR
Beg 1394 15
138

End 1517

Bonds payable
DB CR
520 Beg
41 0

479 End

common stock
DB CR
155 Beg
0 2

157 End

Beg RE 897
NI 140
DIV 28
END RE 1009