Microcomputer APP ACC 306

profilern2017n0
ACC306-Assignment1-rekeianorwood.xlsx
Home>Business & Finance homework help>Accounting homework help>Microcomputer APP ACC 306

Balance Sheet

Accounts payable and accrued expenses June 30, 20XB 80,085
Accounts payable and accrued expenses December 31, 20XA 85,979
Accumulated other comprehensive income June 30, 20XB 266
Accumulated other comprehensive income December 31, 20XA 32
Additional paid-in capital June 30, 20XB 1,304,170
Additional paid-in capital December 31, 20XA 1,306,653
Cash and cash equivalents June 30, 20XB $ 352,387
Cash and cash equivalents December 31, 20XA $ 311,732
Common stock, par value $0.01 June 30, 20XB 219
Common stock, par value $0.01 December 31, 20XA 217
Contract liabilities June 30, 20XB 40,826
Contract liabilities December 31, 20XA 38,733
Deferred income tax liabilities June 30, 20XB 70,298
Deferred income tax liabilities December 31, 20XA 59,358
Goodwill June 30, 20XB 732,799
Goodwill December 31, 20XA 732,540
Income taxes payable June 30, 20XB 6,144
Income taxes payable December 31, 20XA 419
Intangible assets, net June 30, 20XB 314,511
Intangible assets, net December 31, 20XA 328,344
Lease liabilities, current June 30, 20XB 26,462
Lease liabilities, current December 31, 20XA
Lease liabilities, non-current June 30, 20XB 90,501
Lease liabilities, non-current December 31, 20XA
Marketable securities, current June 30, 20XB 36,486
Marketable securities, current December 31, 20XA 37,121
Marketable securities, non-current June 30, 20XB 31,866
Marketable securities, non-current December 31, 20XA 37,678
Other assets June 30, 20XB 19,052
Other assets December 31, 20XA 19,429
Other current assets June 30, 20XB 16,874
Other current assets December 31, 20XA 15,814
Other long-term liabilities June 30, 20XB 37,636
Other long-term liabilities December 31, 20XA 51,316
Property and equipment, net June 30, 20XB 119,040
Property and equipment, net December 31, 20XA 122,677
Retained earnings June 30, 20XB 118,783
Retained earnings December 31, 20XA 118,322
Right-of-use lease assets June 30, 20XB 101,533
Right-of-use lease assets December 31, 20XA
Receivable, net June 30, 20XB 50,842
Receivable, net December 31, 20XA 55,694
Other current assets December 31, 20XA
Total current assets December 31, 20XA
Total assets December 31, 20XA
Total current liabilities December 31, 20XA
Total liabilities December 31, 20XA
Total stockholders’ equity December 31, 20XA
Total liabilities and stockholders’ equity December 31, 20XA
Other current assets June 30, 20XB
Total current assets June 30, 20XB
Total assets June 30, 20XB
Total current liabilities June 30, 20XB
Total liabilities June 30, 20XB
Total stockholders’ equity June 30, 20XB
Total liabilities and stockholders’ equity June 30, 20XB

Income Statement

Amortization of intangible assets June 30, 20XB 15,417
Amortization of intangible assets December 31, 20XA 0
General and administration June 30, 20XB 64,139
General and administration December 31, 20XA 31,342
Income before income taxes June 30, 20XB
Income before income taxes December 31, 20XA
Income from operations June 30, 20XB
Income from operations December 31, 20XA
Net income June 30, 20XB
Net income December 31, 20XA
Operational Costs December 31, 20XA 68,452
Operational Costs June 30, 20XB 134,050
Other costs June 30, 20XB 7,179
Other costs December 31, 20XA 5,347
Other income June 30, 20XB 3,327
Other income December 31, 20XA 289
Provision for income taxes (20%) June 30, 20XB
Provision for income taxes (20%) December 31, 20XA
Revenues June 30, 20XB $ 246,508
Revenues December 31, 20XA $ 116,469
Total costs and expenses June 30, 20XB
Total costs and expenses December 31, 20XA