ACC 421 Course Great Wisdom / tutorialrank.com ACC 421 Course Great Wisdom / tutorialrank.com | Page 20

(Preparation of a Statement of Cash Flows and Balance Sheet) Aero Inc. had the following balance sheet at December 31, 2013. AERO INC. BALANCE SHEET DECEMBER 31, 2013 Cash $ 20,000 Accounts payable $ 30,000 Accounts receivable 21,200 Bonds payable 41,000 Investments 32,000 Common stock 100,000 23-8 (SCF—Direct and Indirect Methods) 3 6 8 Comparative balance sheet accounts of Sharpe Company are presented below. ========================================= ACC 421 Week 5 WileyPLUS E6-2, E6-5, E6-6, E6-8, E6-10 For more course tutorials visit www.tutorialrank.com