2017 2,500 67,000 5,000 2018 4,000 75,000 4,000 25,000 30,000 45,000 100,000 1,200 50,000 55,000 45,000 150,000 1,500 1 Trial Balance 2 cash 3 trade accounts receivable 4 other receivables 5 inventory 6 tv's 7 stereo's 8 appliances 9 total inventory 10 prepaid expenses 11 property plant & equipment 12 land 13 buildings 14 machinery 15 furniture and fixtures 16 accumulated depreciation 17 net PP & E 18 total assets 19 trade accounts payable 20 accured expenses 21 total current liabilities 22 note payable 23 equity 24 common stock 25 retained earnings 26 total liabilities and equity 40,000 -4,000 36,000 211,700 40,000 4,000 44,000 90,000 -13,000 77,000 311,500 50,000 3,000 53,000 1,000 166,700 211,700 1,000 257,500 311,500 28 Cash Flow Statement 29 operating cash flow 30 net income after tax 31 depreciation 32 change in accounts receivable 33 change in other receivable 34 change in inventory 35 change in PPD expenses 36 change in trade accounts payable 37 change in accrued expenses 38 total operating cash flow 39 investing cash flow 40 PP & E Purchases 41 Change in Notes Payable 42 total investing cash flow 43 Financing cash flow 44 sale of stock 45 total financing cash flow 46 total cash flow 47 cash at beginning of the period 48 cash at the end of period (a) (b) C A+B+C 10