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  • Baron Coburg Solution

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    Amit Patel
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    Frederick-Balance Sheet-Beginning (in Bushels of Wheat) Assets Seed Fertilizer Ox Land Total Liabilities and Owner's Equity 20 2 40 100 Baron's Equity 162 Total Ivan-Income Statement (in bushels of wheat) Wheat Production Expenses Seed Fertilizer Ox Usage Plow Usage Earnings Owner Withdrawal Income to Retained Earnings 138 10 1 4 1 12.

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    Frederick-Balance Sheet-Beginning (in Bushels of Wheat) Assets Seed Fertilizer Ox Land Total Liabilities and Owner's Equity 20 2 40 100 Baron's Equity 162 Total Ivan-Income Statement (in bushels of wheat) Wheat Production Expenses Seed Fertilizer Ox Usage Plow Usage Earnings Owner Withdrawal Income to Retained Earnings 138 10 1 4 1 12.

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    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    10K views2 pages

    Baron Coburg Solution

    Uploaded by

    Amit Patel
    Frederick-Balance Sheet-Beginning (in Bushels of Wheat) Assets Seed Fertilizer Ox Land Total Liabilities and Owner's Equity 20 2 40 100 Baron's Equity 162 Total Ivan-Income Statement (in bushels of wheat) Wheat Production Expenses Seed Fertilizer Ox Usage Plow Usage Earnings Owner Withdrawal Income to Retained Earnings 138 10 1 4 1 12.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Ivan-Balance Sheet-Beginning

    (in Bushels of Wheat)

    Assets Liabilities and Owner's Equity


    Seed 20
    Fertilizer 2
    Ox 40
    Land 100 Baron's Equity 162
    Total 162 Total 162

    Frederick-Balance Sheet-Beginning
    (in Bushels of Wheat)
    Assets Liabilities and Owner's Equity
    Seed 10
    Fertilizer 1
    Ox 40
    Land 50 Baron's Equity 101
    Total 101 Total 101

    Ivan-Income Statement
    (in Bushels of Wheat)
    Wheat 243
    Production Expenses
    Seed 20
    Fertilizer 2
    Ox Usage 4
    Plow Usage 3 29
    Earnings 214 10.7Per Acre earnings
    Owner
    IncomeWithdrawal
    to Retained 20
    Earnings 194

    Frederick-Income Statement
    (in Bushels of Wheat)
    Wheat 138
    Production Expenses
    Seed 10
    Fertilizer 1
    Ox Usage 4
    Plow Usage 1 16
    Earnings 122 12.2Per Acre earnings
    Owner
    IncomeWithdrawal
    to Retained 30
    Earnings 92
    Ivan-Balance Sheet-End
    (in Bushels of Wheat)
    Assets Liabilities and Owner's Equity
    Seed 223 Liabilities (Plow) 3
    Ox 36 Baron's Equity
    162
    Land 100 Contributed
    Retained 194
    Total 359 Total 359

    Frederick-Balance Sheet-End
    (in Bushels of Wheat)
    Assets Liabilities and Owner's Equity
    Seed 105
    Ox 36 Baron's Equity
    101
    Plow 2 Contributed
    Land 50 Retained 92
    Total 193 Total 193

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