4 5 Part 2 of 3 points Skipped Required information Required: Prepare a complete statement of...

Transcribed Image Text:

4 5 Part 2 of 3 points Skipped Required information Required: Prepare a complete statement of cash flows using a spreadsheet under the indirect method. (Enter all amounts as positive values.) GOLDEN CORPORATION Spreadsheet for Statement of Cash Flows For Current Year Ended December 31 Analysis of Changes December 31, Prior Year December 31, Debit Credit Current Year Balance sheet-debit balance accounts eBook Cash $ 123,500 $ 179,000 Accounts receivable 86,000 Inventory 541,000 Print Equipment 314,000 $ 1,064,500 $ 179,000 References Balance sheet-credit balance accounts Accumulated depreciation-Equipment Accounts payable Income taxes payable Common stock, $2 par value Paid-in capital in excess of par value, common stock Retained earnings Statement of cash flows Operating activities Investing activities Financing activities 111,500 86,000 32,600 583,000 182,500 68,900 $ 1,064,500 $ 0 0 0 4 5 Part 2 of 3 points Skipped Required information Required: Prepare a complete statement of cash flows using a spreadsheet under the indirect method. (Enter all amounts as positive values.) GOLDEN CORPORATION Spreadsheet for Statement of Cash Flows For Current Year Ended December 31 Analysis of Changes December 31, Prior Year December 31, Debit Credit Current Year Balance sheet-debit balance accounts eBook Cash $ 123,500 $ 179,000 Accounts receivable 86,000 Inventory 541,000 Print Equipment 314,000 $ 1,064,500 $ 179,000 References Balance sheet-credit balance accounts Accumulated depreciation-Equipment Accounts payable Income taxes payable Common stock, $2 par value Paid-in capital in excess of par value, common stock Retained earnings Statement of cash flows Operating activities Investing activities Financing activities 111,500 86,000 32,600 583,000 182,500 68,900 $ 1,064,500 $ 0 0 0