FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The current sections of Bramble Inc.’s
2022
|
2021
|
|||
---|---|---|---|---|
Current assets
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||||
Cash
|
$103,000
|
$97,100
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||
|
80,000
|
90,800
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||
Inventory
|
169,000
|
171,500
|
||
Prepaid expenses
|
26,000
|
22,000
|
||
Total current assets
|
$378,000
|
$381,400
|
||
Current liabilities
|
||||
Accrued expenses payable
|
$14,500
|
$9,100
|
||
Accounts payable
|
84,500
|
95,600
|
||
Total current liabilities
|
$99,000
|
$104,700
|
Prepare the operating activities section of the company’s statement of
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