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ACC/291 – 49446053 / Assignment: Week 5 Assignment
*Problem 12-9A
Condensed financial data of Odgers Inc
ODGERS INC.
Comparative Balance Sheets
December 31
Assets
Cash
Accounts receivable
Inventory
Prepaid expenses
Long-term investments
Plant assets
Accumulated depreciation
Total
Liabilities and Stockholders’ Equity
Accounts payable
Accrued expenses payable
Bonds payable
Common stock
Retained earnings
Total
ODGERS INC.
Income Statement Data
For the Year Ended December 31, 20
Sales revenue
Less:
Cost of goods sold
Operating expenses, excluding depr
Depreciation expense
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