please no image based solutions thnkyu GolfGear & More, Incorporated is a regional and online golf equipment retailer. The company reported the following for the currentyear:Purchased a long-term investment for cash, $21,000.Paid cash dividend, $13,000.Sold equipment for $11,000 cash (cost, $31,000, accumulated depreciation, $20,000).Issued shares of no-par stock, 600 shares at $10 per share cash.Net income was $25,200.Depreciation expense was $4,000.Its comparative balance sheet is presented below.CashAcnts receMerchandise inventoryInvestmentsEquipmentAccumulated depreciationTotalAccounts payableWages payableIncome taxes payable.Notes payableCommon stock and additional paid-in capitalRetained earnings.TotalBalancesBalances12/31/Current 12/31/PriorYearYear24,50022,20032,00081,00021,00088,500(17,000)227,700$ 15,0002,5006,50064,000106,00033,700$ 227,70032,00073,0000119,500(33,000)216,000$ 22,0004,5004,00064,000100,00021,500$ 216,000 #equired:. Complete a T-account worksheet.. Based on the T-account worksheet, prepare the statement of cash flows for the current year.Complete this question by entering your answers in the tabs below.Required 1 Required 2Complete a T-account worksheet.

Cash flows statement is one of the financial statement of the business which shows all cash inflows…

equired: Complete a T-account worksheet. Based on the T-account worksheet, prepare the statement of cash flows for the current year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a

equired: Complete a T-account worksheet. Based on the T-account worksheet, prepare the statement of cash flows for the current year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 1.6C

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PLEASE SHOW APPRIPRAITE FORMULA THAT NEEDS TO BE INSERTED COMPLETE THE STATEMENT OF CASHFLOWS(INDERECT METHOD) BY REFEREING TO THE TWO IMAGES PRESENTED
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Subject -account Please help me. Thankyou.
y Bookmarks Profiles Tab Window Help S (201 (2|1 (2 | pon.com/ext/map/index.html?_con=con&external_browser=0&launch ouTube aw 11 Q Required information [The following information applies to the questions displayed below.] :9 F1 Classes N Netflix Expenses LANDMAR prior years follow. Lansing Company's current-year income statement and selected balance sheet data at December 31 of the current and For Current Year Ended December 31 Sales revenue 2 Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Interest expense Utilities expense Net income 2 LANSING COMPANY Income Statement @ At December 31 Accounts receivable Inventory Accounts payable Salaries payable F2 W Utilities payable Prepaid insurance Prepaid rent LANSING COMPANY Selected Balance Sheet Accounts # 3 20 F3 E Dashboard EDU 1011 (2019-F... EDU 1011 (2019-F... G Annotated Bibliog... A Study on the He... $ 4 $ 109,200 000 000 F4 Current Year $ 6,000 2,380 4,800 R 46,000 14,000 22,000 9,400 4,200…
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Use hypothetical numbers
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