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ALLUuncing Period 2018 2019 2020 Principal Balance January 1 $105,000 87,455 68,331 Casil Payment $26,995 26,995 26,995 Appileu LU APpileu Interest Principal $9,450 $17,545 7,871
ALLUuncing Period 2018 2019 2020 Principal Balance January 1 $105,000 87,455 68,331 Casil Payment $26,995 26,995 26,995 Appileu LU APpileu Interest Principal $9,450 $17,545 7,871 19,124 6,150 20,845 b. Using a financial statements model like the one shown, record the appropriate amounts for the fo (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash FI the cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or leave the cell blank.) (1) January 1, 2018, issue of the note payable. HILUS T us PCIUN VIG Required information (1) January 1, 2018, issue of the note payable. (2) December 31, 2018, payment on the note payable. Event No. MABRY COMPANY Horizontal Statements Model Balance Sheet Income Statement Liabilities + Stockholder's Revenue - Expense = Net Income Equity 105,000 + (6,150) Statement of Cash Flow Assets = 105,000 FA 1. 2. 105,000= (26,995)
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