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Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be Indicated by a minus sign. Omit "$" sign in your response.) TABOR INC. Statement of Financial Position December 31, 2021 2020 Assets Cash Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity Item Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 33,400 76,894 66,880 161,700 50,303 $288,571 $ 49,493 6,908 28,160 17,600 186,410 $288,571 Source/Use (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V 2021 $ 32,472 80,678 70,110 172,898 57,508 $298,650 $ 51,830 6,195 30,800 22,000 187,825 $298,650 Amount $ $ $ $ $ $ $ $ $

Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be Indicated by a minus sign. Omit "$" sign in your response.) TABOR INC. Statement of Financial Position December 31, 2021 2020 Assets Cash Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity Item Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 33,400 76,894 66,880 161,700 50,303 $288,571 $ 49,493 6,908 28,160 17,600 186,410 $288,571 Source/Use (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V 2021 $ 32,472 80,678 70,110 172,898 57,508 $298,650 $ 51,830 6,195 30,800 22,000 187,825 $298,650 Amount $ $ $ $ $ $ $ $ $

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...
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Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be Indicated by a minus sign. Omit "$" sign in your response.) Agrets TABOR INC. Statement of Financial Position December 31, 2021 Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity Item Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 33,400 76,894 66,880 161,700 50,303 $288,571 $ 49,493 6,908 28,160 17,600 186,418 $288,571 Source/Use (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) V 2921 $ 32,472 80,678 70,110 172,898 57,508 $298,650 $ 51,830 6,195 30,800 22,000 187,825 $298,658 Amount $ $ ta ta ta ta ta ta ta
Transcribed Image Text:Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be Indicated by a minus sign. Omit "$" sign in your response.) Agrets TABOR INC. Statement of Financial Position December 31, 2021 Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity Item Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 33,400 76,894 66,880 161,700 50,303 $288,571 $ 49,493 6,908 28,160 17,600 186,418 $288,571 Source/Use (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) V 2921 $ 32,472 80,678 70,110 172,898 57,508 $298,650 $ 51,830 6,195 30,800 22,000 187,825 $298,658 Amount $ $ ta ta ta ta ta ta ta
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