Question

As of December 31, 2013 1000 49,000 91000 Accounts Payable Accounts Receivable 44,000 Debt Inventory 48,000 Other Lisbites Property Plan 234000 Total Liabilities Eument Gross Accumulated Depreciation 78,000 Paid in Capital Property Plant & Equipment, Net 156,000 Retained Earnings 26,000 Total Equity Total Assets 365,000 Total Liabilities & Equity 60000 247 000 316,000 365,000 HUAWEI 7,200 2.000 (100) 1,000 600 Siam Traders Statement of Cash Flows January 1 to March 31, 2016 amounts in thousands Net Income Depreciation Decrease increase in Accounts Receivable Decrease increase in inventory Increase (Decrease in Accounts Payable Other Adjustments Net Cash Flow from Operating Activities Purchase of Property. Plant Equipment Other Adjustments Net Cash Flow from Investing Activities Increase Decrease in Debt Dividends Other Adjustments Net Cash Flow from Financing Activities Net Cash Flow 10,700 (8.300 (8,300) (700) (500) (1.2003 1,200 What is the value for Total Assets on March 31, 20197 Please specify your answer in the same units as the financial statements

Answer 1

Treatment of cash flow items in balance sheet are as follows
S.No.	Particulars	Amount	Remarks	New balance
1	Net Income	7,200	Add in retained earnings Add in Cash	Ret Earnings	254,200
				Cash	98200
2	Depreciation	2,000	Add Acc. Dep Less Ret earning	Acc Dep	80,000
				Ret Earnings	252,200
3	Inc in Acc Rec	100	Less Cash Add Acc Rec	CAsh	98,100
				Acc Rec	44,100
4	Dec in Inventory	1,000	Add cash Dec inventory	CAsh	99,100
				Inventory	47,000
5	Inc in Acc payable	600	Add cash Inc in Acc payable	Cash	99,700
				Acc payable	19,600
6	Purchase PPE	8,300	Dec cash Inc PPE	Cash	91,400
				PPE	242,300
7	Dec in debt	700	Less Cash Less Debt	Cash	90,700
				Debt	23,300
8	Dividend paid	500	Less cash Less ret earnings	Cash	90,200
				Ret Earnings	251,700
	The balance sheet as on 31 March 2019
	Assets	Amount	Liabilities	Amount
	Cash	90,200	Acc payable	19,600
	Acc Rec	44,100	Debt	23,300
	Inv	47,000	Other liab	6000
	PPE - 242300		Total Liab	48,900
	Acc Dep- 80000		Paid in capital	69000
	PPE Net	162,300	Ret earnings	251,700
	Other assets	26,000	Total Equity	320,700
	Total Assets	369,600	Total Liab & Equity	369,600