Here are the most recent balance sheets for Country Kettles, Inc. Excluding accu

Question

Here are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Input all amounts as positive values):

Here are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Input all amounts as positive values):

Explanation / Answer

Item Source/USE Amount Cash Use -920 AR Source 3220 Invemtories Source 2375 Property, Plant andequipment Source 11200 AP Source 2210 Accrued Expenses Use -900 Long term debt Source 3000 Common stock Source 5200 Accumulated retained earning Source 2275

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