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 2.5C

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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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Based on the income statement, balanced sheet, and additional information shown below and the statement of cash flows you prepared on your scratch paper, how much did the actual cash account change over this period?