based on the worksheet and Assuming the business began January 1, 2019 and there were no prior year account balances. Prepare the Statement of Cash Flows. Use the Indirect Method when preparing the Operating Activities section.

Arnar P 29-08 PO 3 = EE. File Home Insert Page Layout Formulas Data Review Vis AX Cut Calibri 4 KA === > 3 format Painter B 1 - E OA = = Clipboard Font X 01/01/2019 12/31/2019 TRIAL BALANCE Developer Hep Easy Document Creator Foxt PDF Wap Test Garneral . X Morge & Carrie - $ % % 248 Cordeonllo Formatting Tule Ouidco Normal 3 Calculation Scarch Normal chesk Cell Comments 4 Bad E xpunctory Good input Parte I Copy - Share Autobum - 47 0 HI S Find cler Flis - Select Neutral linked Dell E Insert Delete commet Insert dens H I J K L M N ADJUSTED TRIAL BALANCE INCOME STATEMENT DEBIT CREDIT ACCOUNT ACCOUNT TYPE $ Accounts Reywile ASSET S 746.000 450,000 575.000 650.000 BALANCE SHEET DEBIT CREDIT 743,300 450,000 575.000 650,000 S 65,000 216.000 $ 30,000 ASSET Building improvements Accumulated Depreciation Building improvements Machinery and Fouicment Accumulated Depreciation Machinery and Equipment Accounts Payable $ 216,000 50.000 S 60.000 G 01/01/2019 - 12/31/2019 TRIAL BALANCE UNADJUSTED BALANCE ADJUSTMENTS DEBIT CREDI D LUI CREDIT 320,000 $ - $ 420,000 $ 2.500 $ 450,000 S - 575,000 $ s 650,000 $ $ - S 55,000 216,000 $ S - $ 50,000 - S 230,000 2,000 60.000 S 2 ,000 - $ 125.000 $ 300,000S 730.000 20.000 100.000 $ 5,000 S 10,000 $ 250,000 $ 274,000 - S 147,000 $ 60,000 ,000 S 2 BUNNEN Salaries and Wages Payable Sales TH Payabile Uneamed Subscription Revenue Lawsuit Liability Nole Payable (PNS Batik) 125,000 UALITY LABILITY UBELITY UALITY LABILITY UBELITY UALITY LABILITY EQUITY EQUITY EQUITY $ 750,000 750,000 5,000 Preferred Stock 1,000 shares authorized, $5 par value Currion Stock-50,000 shares authorice, $i per value 5.000 10000 Paid In Capital In Excess of Par - Common Stock Paid-in Capital In Excess of Pat-Preferred Sluck $ S 274,000 147,000 274.000 147,000 IS Sales Revenue 125,000 $ 1,795,000 1.070,000 500,000 $ S 1,795,000 500.000 S plurRevenue S Salaries and Wages Expense Compensation Expense EQUITY S FOUTY REVENUE SALES $ REVENUE-SALES S EXPENSE - COST OF GOODS SOLD $ EXPENSE - OPERATING $ EXPENSE - OPERATING S EXPENSE - OPERATING $ EXPENSE - INCOME TAXES $ EXPENSE - OTHERS EXPENSE. OTHER $ - - 433.000 140,000 - 15.000 30,000 $ $ $ $ S $ $ - - $ $ 60,000 250,000 $ S 431.000 200.000 250.000 115.000 433,000 200.000 250.000 115.000 50.000 5,200 750.000 4,365,300 Income Tax Expense - - 2.935,000 $ $ 750,000 1,610,300 2.935,000 $ $ 1.010.300 $ $ $ $ 5,200 750.000 1,803,300 491,700 3,995.000 2,295,000 $ 2,634 300 Total: Net Income Totals $ 4,365,300 S 2,142,800 491,00 2,644,500 $ $ Instructions & Grading 1. Adjusting Entries 2. Worksheet 3. Income Statement 4. Retained Earnings Statement 3. Balance sheet Statement of Cash Flows 7. Note Disdusures Axtape 4000362416 Count: 230 Sun: 0-86500 - Io e oa a NE + 1006 11:AM