Problem 1.04B – Cyclone Inc.

Financial Accounting

Spiceland, Thomas, and Herrman

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Given an income statement, balance sheet, and statement of stockholders' equity with missing numbers... fill in the rest of the sheets.

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  • Search Terms: assets dec. ending revenues $ $, $, cyclone, $, issuances $, supplies $,  rent (a) expenses:  salaries (c) (c) add: (d) (e) (f ) (g) building , , less: , net ,  advertising accounts add: advertising amounts. amounts. below and are assets balance beginning below building calculate cash common cyclone, dec. dividends earnings ended ending equity equity beginning equity land equity year expenses: financial for inc. inc. balance inc. cyclone, inc. income inc. statement income incomplete issuances land less: liabilities liabilities cash missing net of payable rent required: retained revenues salaries sheet statement statement year statements stk. stock stockholders' stockholders’ supplies the total year                   (b)  (h)   (i) required: calculate  ,     cyclone,
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