Create pro-Forma Financial Statements for 39 Storage. This Business. https://www.39storage.com/ Inclue the following: cash flow statements, income statements and balance sheets
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Create pro-Forma Financial Statements for 39 Storage.
This Business.
https://www.39storage.com/
Inclue the following:
Step by step
Solved in 2 steps
- Explain how the accounting equation organizes financial information using T-accounts and debits and credits.Details on pic. Thank you.I have attached the screenshot of the question. Apply Financial Statement Linkages to Understand TransactionsConsider the effects of the independent transactions, a through g, on a company’s balance sheet, income statement, and statement of cash flow. Complete the table below to explain the effects and financial statement linkages. Use “+” to indicate the account increases and “−” to indicate the account decreases. Refer to Exhibit 2-10 as a guide for the linkages a b c d e f g Balance Sheet Cash Noncash assets 355030 Total liabilities 241272 Contributed capital 35867 Retained earnings Other equity Statement of Cash Flows Operating cash flow Investing cash flow Financing cash flow Income Statement Revenues…
- One output of the accounting information system is the balance sheet. Transactions commonly associated with an organization's purchases and cash disbursements cycle are most likely to be reflected in which sections of balance sheet? A Current assets and current liabilities B Current assets and long-term liabilities C Long-term assets and current liabilities D Long-term assets and long-term liabilitiesIdentifying Financial Statement Line Items and Accounts Several line items and account titles are listed below. For each, indicate in which of the following financial statement(s) we would likely find the item or account: income statement (IS), balance sheet (BS), statement of stockholders' equity (SE), or statement of cash flows (SCF). (Select all that apply.) Account (a) Cash asset (b) Expenses (c) Noncash assets (d) Contributed capital (e) Cash outflow for capital expenditures (f) Retained earnings (g) Cash inflow for stock issued (h) Cash outflow for dividends (i) Revenue Financial Statement(s) ◆ + + ♦ ♦ + ◆Explain the relationship between the: -Cash Flow Statement and Balance Sheet;and -Income Statement and Balance Sheet. Please answer in 159 words or less.
- If you want to create a financial report that shows owner's equity, which statement will you create? Select an answer: a statement of cash flows a profit and loss report a balance sheetArticulation of the Statement of Cash Flows with Other Financial Statements. Describe how the statement of cash flows is linked to each of the other financial statements (income statement and balance sheet). Also, review how the other financial statements are linked with each other. Please explain without copying from another source.describe how the cash fl ow statement is linked to the income statement and the balance sheet
- The following shows excerpts from financial information relating to Stanwell Company and Thodes Company. Compute the following for both companies. Compare your results. A. free cash flow B. cash flows to sales ratio C. cash flows to assets ratioAccounts Receivable will appear on which of the following financial statements?a. Income statementb. Statement of retained earningsc. Balance sheetd. Statement of cash flowsOn which financial statement would the ending balance of the account “accounts receivable” be found?a. Income statementb. Statement of retained earningsc. Balance sheetd. Statement of cash flows
