A statement of cash flows for Friendly Markets, Inc. for 20X1 appears below) Operations (1)Net Incone...

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A statement of cash flows for Friendly Markets, Inc. for 20X1 appears below) Operations (1)Net Incone Adjustments for noncash transactions: (2) Depreciation and amortization (3) Retirement contributions paid in connon stock (4) Deferred Income taxes (5) Loss on disposal of property, plant, and equipment (6) Loss on sale of investments (7) Net amortization of investments Change in operating assets/liabilities providing (requiring) cash: (0) Trade receivables (9) Herchandise inventories (10) Prepaid expenses (11) Accounts payable and accrued expenses (12) Self-insurance reserves (13) Federal and state income taxes (14) other noncurrent liabilities Net cash provided by operating activities Investing $1,161,442 496,106 256,110 27,038 32,482 4,001 15,625 (140,002) 2,302 (5,025) 103,014 (14,31) 23,106 24,434 1,998,233 (15) Payment for property, plant, and equipment (653,489) (16) Proceeds from sale of property, plant, and equipment 4,150 (17) Payment for investments (1,133,449) (18) Proceeds from sale of investments Net cash used in investing activities Financing (19) Payment for acquisition of common stock (20) Proceeds from sale of common stock (21) Dividends paid (22) other, net Net cash used in financing activities Net increase in cash cash at beginning of year Cash at end of year 777,381 (1,045,487) (629,453) 152,096 (325,295) 18,530 (784,122) 168,703 201,813 $370,516 Required: Prepare the worksheet entry that would be made to prepare a cash flow statement for each of the numbered line items. For example. the worksheet entry for item (1) is as follows Cash (Operations-net income) Retained earnings $1,161,442 $1,161,442 (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet < Prev 7 of 15 zachin Chrome Remote De Home Wolf Den northaugusta.net New Tab O (15) Pet for property, stant, 30 recred from sale of property, slant, and soment (37) Foment for Investments (1) Prices from sale of instants net cath set in investing activities (20) Proceed from sale of common stat (1) et cash used in financing activities et Increase in ca Cash at beginning of year Cash at end of year 146-793 Required Prepare the worksheet entry that would be made to prepare a cesti flow statement for each of the numbered t the worksheet emry for item this as follows $1,161,44 U no entry is required for a transaction event, select "No journal entry required" in the first account fed 7 > Journal entry worksheet 5 Second the entry for amortization of invad-back General J 07 Cast Search 2 worksheet 4 5 6 7 8 19 > Record the entry for increase in accounts receivable. Note: Enter debits before credits, Transaction 08 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet < 2 3 4 5 6 7 8 19 Record the entry for the decrease in inventories. Note: Enter debits before credits. Transaction 09 General Journal Debit Credit Record entry Clear entry View general journal Q Search 7 (20) Proceeds from sale of common stock (21) Dividends paid- (22) other, net set cash used in financing activities Net increase in cash cash at beginning of year Cash at end of year 00:52:03 152,096 (325,295) 18,530 (784,122) 168,703 201,813 $ 370,516 Required: Prepare the worksheet entry that would be made to prepare a cash flow statement for each of the numbered line items. For example, the worksheet entry for item (1) is as follows: Cash (Operations-Net income) Retained earnings eferences $1,161,4421 $1,161,442 (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 12 13 14 15 16 17 18 19 Record the entry for proceeds from sale of common stock Note: Enter debits before credits Transaction 20 General Journal Debit Credit Record entry Clear entry View general journal Q Search < Prev 7 of 15 A statement of cash flows for Friendly Markets, Inc. for 20X1 appears below) Operations (1)Net Incone Adjustments for noncash transactions: (2) Depreciation and amortization (3) Retirement contributions paid in connon stock (4) Deferred Income taxes (5) Loss on disposal of property, plant, and equipment (6) Loss on sale of investments (7) Net amortization of investments Change in operating assets/liabilities providing (requiring) cash: (0) Trade receivables (9) Herchandise inventories (10) Prepaid expenses (11) Accounts payable and accrued expenses (12) Self-insurance reserves (13) Federal and state income taxes (14) other noncurrent liabilities Net cash provided by operating activities Investing $1,161,442 496,106 256,110 27,038 32,482 4,001 15,625 (140,002) 2,302 (5,025) 103,014 (14,31) 23,106 24,434 1,998,233 (15) Payment for property, plant, and equipment (653,489) (16) Proceeds from sale of property, plant, and equipment 4,150 (17) Payment for investments (1,133,449) (18) Proceeds from sale of investments Net cash used in investing activities Financing (19) Payment for acquisition of common stock (20) Proceeds from sale of common stock (21) Dividends paid (22) other, net Net cash used in financing activities Net increase in cash cash at beginning of year Cash at end of year 777,381 (1,045,487) (629,453) 152,096 (325,295) 18,530 (784,122) 168,703 201,813 $370,516 Required: Prepare the worksheet entry that would be made to prepare a cash flow statement for each of the numbered line items. For example. the worksheet entry for item (1) is as follows Cash (Operations-net income) Retained earnings $1,161,442 $1,161,442 (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet < Prev 7 of 15 zachin Chrome Remote De Home Wolf Den northaugusta.net New Tab O (15) Pet for property, stant, 30 recred from sale of property, slant, and soment (37) Foment for Investments (1) Prices from sale of instants net cath set in investing activities (20) Proceed from sale of common stat (1) et cash used in financing activities et Increase in ca Cash at beginning of year Cash at end of year 146-793 Required Prepare the worksheet entry that would be made to prepare a cesti flow statement for each of the numbered t the worksheet emry for item this as follows $1,161,44 U no entry is required for a transaction event, select "No journal entry required" in the first account fed 7 > Journal entry worksheet 5 Second the entry for amortization of invad-back General J 07 Cast Search 2 worksheet 4 5 6 7 8 19 > Record the entry for increase in accounts receivable. Note: Enter debits before credits, Transaction 08 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet < 2 3 4 5 6 7 8 19 Record the entry for the decrease in inventories. Note: Enter debits before credits. Transaction 09 General Journal Debit Credit Record entry Clear entry View general journal Q Search 7 (20) Proceeds from sale of common stock (21) Dividends paid- (22) other, net set cash used in financing activities Net increase in cash cash at beginning of year Cash at end of year 00:52:03 152,096 (325,295) 18,530 (784,122) 168,703 201,813 $ 370,516 Required: Prepare the worksheet entry that would be made to prepare a cash flow statement for each of the numbered line items. For example, the worksheet entry for item (1) is as follows: Cash (Operations-Net income) Retained earnings eferences $1,161,4421 $1,161,442 (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 12 13 14 15 16 17 18 19 Record the entry for proceeds from sale of common stock Note: Enter debits before credits Transaction 20 General Journal Debit Credit Record entry Clear entry View general journal Q Search < Prev 7 of 15