23-12B T Accounts for Indirect Method Statement of Cash Flows McGinnis Company Accrued Interest Receivable Notes Payable Common Stock BB 580 109,000 BB 700,000 BB EB 830 117,000 EB 800,000 EB Paid-In Capital in Excess Accounts Receivable Accounts Payable of ParCommon Stock BB 309,200 185,000 BB 380,000 BB EB 300,600 135,000 EB 500,000 EB Merchandise Inventory Income Tax Payable Retained Earnings BB 495,800 15,000 BB 320,000 BB EB 580,300 25,000 EB 471,350 EB Accrued and Withheld Supplies and Prepayments Payroll Taxes BB 32,000 13,400 BB EB 65,000 15,800 EB Store Equipment Accrued Interest Payable BB 420,000 1,200 BB EB 560,000 900 EB Accumulated DepreciationStore Equipment Office Equipment Accumulated DepreciationOffice Equipment 90,000 BB BB 380,000 100,500 BB 120,000 EB 30,500 EB EB 320,000 Delivery Equipment Accumulated DepreciationDelivery Equipment BB 330,000 120,000 BB EB 430,000 150,000 EB BB: Beginning Balance EB: Ending Balance