Booster Company is preparing its financial statements for the year ended June 30, 2018. The financial statements are complete except for the statement of cash flows. You have been asked to prepare a statement of cash flows for the year ended June 30, 2017.

Download the Excel spreadsheet Booster Company A1.

Required:

1. Prepare a spreadsheet to support a statement of cash flows for the year ended June 30, 2018.
2. In the Excel Worksheet column named 'Worksheet Entries', show underDebitandCredit, the amounts that would be used in preparation of the statement of cash flows.
3. Prepare the Booster Company's statement of cash flows for the year ended June 30, 2018. Prepare the statement of cash flows using the indirect method. Note: For full credit, you must prepare the statement of cash flow in good form with all necessary disclosures, including disclosures about non-cash financing and investing activities.