In: Accounting
Pointure |
Souby |
|||
Debit |
Credit |
Debit |
Credit |
|
Cash |
125,000 |
70,000 |
||
Accounts Receivable |
396,000 |
90,000 |
||
Inventory |
450,000 |
200,000 |
||
Investment in Souby |
868,000 |
|||
Plant & Equipment |
755,000 |
585,000 |
||
Other Assets |
390,000 |
230,000 |
||
Dividends Declared |
50,000 |
25,000 |
||
Revenue |
1,140,000 |
800,000 |
||
Salaries Expenses |
680,000 |
325,000 |
||
Other Expense |
250,000 |
195,000 |
||
Accounts Payable |
105,000 |
30,000 |
||
Other Liabilities |
95,000 |
60,000 |
||
Common Stock |
900,000 |
350,000 |
||
Retained Earnings |
1,500,000 |
480,000 |
||
Income From Souby |
224,000 |
|||
Total |
3,964,000 |
3,964,000 |
1,720,000 |
1,720,000 |