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3.) HWss.) Prepare a statement of cash flows for the month ended June 30, 2019. Use the minus sign to indicate cash outflows, decreases in
3.) HWss.)
Prepare a statement of cash flows for the month ended June 30, 2019. Use the minus sign to indicate cash outflows, decreases in cash, or cash payments. If your answer is zero enter "0" West Coast Dreams Realty Inc. Statement of Cash Flows For the Month Ended June 30, 20Y9 Cash flows from (used for) operating activities: Cash received from operating activities to Cash paid for operating activities V Net cash flows from operating activities $ Cash flows from (used for) investing activities: Cash paid for land Cash flows from (used for) financing activities: Cash received from issuing common stock Cash received from issuing notes payable V Cash paid as dividends Net cash flows from financing activities Net increase in cash during June 10 000 Cash as of June 1, 2019 Cash as of June 30, 2019 V Feedback Check My Work Check My WorkTransactions Using Accrual Accounting Alex Vera organized Succulent Express at the beginning of February 20Y4. During February, Succulent Express entered into the following transactions: a. Terry Mason invested $30,000 in Succulent Express in exchange for common stock. b. Paid $5,400 on February 1 for an insurance premium on a one-year policy. c. Purchased supplies on account, $1,800. d. Received fees of $57,000 during February. e. Paid expenses as follows: wages, $21,600; rent, $6,400; utilities, $2,800; and miscellaneous, $3,200. f. Paid dividends of $8,000. Record the preceding transactions using the integrated nancial statement framework. After each transaction, enter a balance for each item. If an amount box does not require an entry, leave it blank. Enter account decreases and net cash outflows as negative amounts using the minus sign. Financial statement Effects ) Balance Sheet Assets Liabilities + 1 + J. + 1. || 1 + l Balances Balances Balances lUUUUUUU lUUUUUUU NEW NEW e.' Vl Check My Work Next ) ginning of February 20Y4. During February, Succulent Express entered into the following transactions: xpress in exchange for common stock. remium on a one-year policy. ent, $6,400; utilities, $2,800; and miscellaneous, $3,200. grated financial statement framework. After each transaction, enter a balance for each item. If an amount box does not unt decreases and net cash outflows as negative amounts using the minus sign. Balance Sheet 18 Invested an additional $5,000 in the business in exchange for common stock. 20 Billed patients $26,000 for services provided on account. 25 Received $7,500 for services provided to customers who paid cash. 30 Paid expenses as follows: wages, $15,500 utilities, $4,250 rent on medical equipment, $2,650 interest, $100 and miscellaneous, $1,500. 30 Paid dividends of $4,000 to stockholder (Dr. Denby). Adjustment data for SLO Health Care Inc. for January are as follows: 1. Insurance expired, $450. . Supplies on hand on January 31, $600. . Depreciation on building, $1,150. . Unearned rent revenue earned, $1,500. . Wages owed employees but not paid, $1,450. . Services provided but not billed to patients, $2,500. O'L-hWN Check My Work Presented in the integrated financial statement format are after-adjustment balances for January. Instructions: Prepare an income statement for January. SLO HEALTH CARE INC. Income Statement For the Month Ended January 31, 20Y6 Operating expenses: Total operating expenses Other revenue: 100 00 Check My WorkPrepare a statement of stockholders' equity for January. For those boxes in which no entry is required, leave the box blank. SLO HEALTH CARE INC. Statement of Stockholders' Equity For the Month Ended January 31, 20Y6 Common Stock Retained Earnings Total Prepare a classified balance sheet for January. The note payable is due in ten years. SLO HEALTH CARE INC. Balance Sheet January 31, 20Y6 Assets Current assets: Total current assets $ Property, plant, and equipment: Check My WorkTotal current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: E Total current liabilities Long-term liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Tatal linbilition anStep by Step Solution
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