A. Income StatementB. Retained Earnings StatementE Batance Shee(simpte unelassified)Adjusted Trial BalanceDebitCredit$ 44,00013,800CashAccounts ReceivablePrepaid InsuranceLand6,40016,000$ 14,9004,500Accounts PayableSalaries PayableCommon StockRetained EarningsDividends31,00010,20012,000Service Revenue86,000Insurance ExpenseSalaries ExpenseMiscellaneous Expense7,60032,00014,800$146,600$146,600

Income statement is one of the financial statement which shows all incomes and all expenses and at…

A. Income ement B. Retained Earnings Statement E Batance SheeMsimpteunelassified) Adjusted Trial Balance Debit Credit $ 44,000 13,800 6,400 Cash Accounts Receivable Prepaid Insurance Land 16,000 $ 14,900 4,500 31,000 10,200 Accounts Payable Salaries Payable Common Stock Retained Earnings

A. Income ement B. Retained Earnings Statement E Batance SheeMsimpteunelassified) Adjusted Trial Balance Debit Credit $ 44,000 13,800 6,400 Cash Accounts Receivable Prepaid Insurance Land 16,000 $ 14,900 4,500 31,000 10,200 Accounts Payable Salaries Payable Common Stock Retained Earnings

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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#8 Item Prior year Current year Accounts payable 8,118.00 7,921.00 Accounts receivable 6,037.00 6,546.00 Accruals 991.00 1,310.00 Cash ??? ??? Common Stock 11,601.00 12,956.00 COGS 12,736.00 18,335.00 Current portion long-term 5,077.00 4,951.00 debt Depreciation expense 2,500 2,817.00 Interest expense 733 417 Inventories 4,286.00 4,812.00 Long-term debt 14,771.00 13,457.00 Net fixed assets 51,237.00 54,139.00 Notes payable 4,325.00 9,906.00 Operating expenses (excl. 13,977 18,172 depr.) Retained earnings 28,135.00 30,497.00 Sales 35,119 47,877.00 Таxes 2,084 2,775 What is the firm's cash flow from financing? Submit Answer format: Number: Round to: 0 decimal places.
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