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Bernanke Corporation: Income Statement for the year ended May 31, 2021. $ 24488 Revenues Revenue Less: Expenses Cost of Goods Sold Wage Expense Depreciation Expense
Bernanke Corporation: Income Statement for the year ended May 31, 2021. $ 24488 Revenues Revenue Less: Expenses Cost of Goods Sold Wage Expense Depreciation Expense Net Income 11296 8824 1200 3168 Bernanke Corporation: Statement of Retained Earnings for the month ended May 31, 2021. Beginning Retained Earnings 10611 Net Income 3168 Less: Dividends Declared Ending Retained Earnings 12879 Bernanke Corporation: Balance Sheets as of May 31, 2021 and May 31, 2020. Assets 2020 2021 12780 2082 512 4412 2804 Cash Accounts Receivable Inventory Equipment Buildings Accum. Depreciation - Equip Accum. Depreciation - Buildings 24000 24000 -12780 12060 -8248 451 Bernanke Corporation: Balance Sheets as of May 31, 2021 and May 31, 2020. Assets 2021 2020 Cash 12780 19566 2082 512 4412 2804 24000 21000 24000 18400 -12780 -12060 -8248 -7768 46246 42454 Accounts Receivable Inventory Equipment Buildings Accum. Depreciation - Equip Accum. Depreciation - Buildings Total Assets w Liabilities and Owners Equity Accounts Payable Wages Payable Dividends Payable Note Payable Retained Earnings Paid in Capital Total Liabilities & OE 1620 296 262 1440 7680 11520 128.79 10611 18567 16967 42454 Upon completion, enter the following data here (for cash outlows, express as negative number): Cash Flow from Operations Palo in Capital 10304 Total Liabilities & OE 46246 42454 Upon completion, enter the following data here (for cash outflows, express as negative number); Cash Flow from Operations Cash Flow - Investing Cash Flow - Finance Cash From Customers Cash Paid - COGS Cash Paid - Wages
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