Professional Documents
Culture Documents
ps2 Sol PDF
ps2 Sol PDF
O
O
O
O
O
O
I
F
T1
T2
T3
T4
T5.1
T5.2
T6
T7.1
T7.2
O1
O2
O3
O4
O5
Total
(23,750)
685,000 69,500
(175,000)
(22,500)
(350,000)
(80,000)
(150,000)
50,000
(50,750)
Inventory
75,000
75,000
Patent
Cap. Exp. PPE
125,000
7,500
62,500
125,000
7,500
Notes Pay
62,500
Paid in Capital RE
500,000
500,000
Balance Sheet
175,000
(22,500) Adv. Expense
350,000
(80,000) Admin Expenses
150,000
50,000
(50,000)
O (750)
(545,000)
(25,000)
(10,625)
(25,000)
(10,625)
69,500
(545,000)
113,000
RE Explanation
55,000
100,000
7,500
201,875
500,000
Interest Expense
Inv. Adjustment
Amort. Expense
Depr. Expense
230,000
75,000
305,000
62,500
7,500
125,000
500,000
500,000
500,000
15.515 Fall 2003
Session 1
Net Income
(75,000)
(75,000)
(7,500)
(62,500)
(70,000)
375,000
375,000
230,000
230,000
15.515 Fall 2003
Session 1
113,000
69,500
55,000
237,500
201,875
7,500
100,000
546,875
500,000
46,875
546,875
15.515 Fall 2003
Session 1
754,500
22,500
80,000
350,000
195,000
23,750
750
10,625
25,000
707,625
Net Income
46,875
15.515 Fall 2003
Session 1
685,000
(175,000)
(22,500)
(350,000)
(80,000)
(750)
(23,750)
33,000
(150,000)
(150,000)
(117,000)
230,000
113,000
15.515 Fall 2003
Session 1