c. Balance sheet as of March 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Review the ending balances of the accounts from Requirement 1. Assets Liabilities Owner's Equity d. Statement of cash flows for the month ended March 31, 2024. Complete the statement one section at a time, beginning with the heading and cash flows from operating activities. Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the table leave the box empty, do not select a label or enter a zero. Complete all answer boxes for subtotals and the final cash section, though. Enter a "O" for any zero subtotal or cash balance. X More info Cash flows from operating activities: Receipts Mar. 1 Payments: Mar. 2 Mar. 3 Mar. 5 Mar. 7 Mar. 9 Sold personal investment in Amazon stock, which she had owned for several years, receiving 532.000 cash. Deposited the $32,000 cash from the sale of the Amazon stock in her personal bank account. Deposited $92,000 cash in a new business bank account titled Amanda Pantaine, Attorney. The business gave capital to Pantaine, Paid $450 cash for ink cartridges for the printer. Purchased computer for the law office, agreeing to pay the account. 56,000, within three months. Received $3,300 cash from customers for services rendered Received bill from The Lawyer for magazine subscription, $280. (Use Miscellaneous Expense account) Finished court hearings on behalf of a client and submitted a bill for legal services. $11,000, on account. Paid bill from The Lawyer Paid utilities, 1,300 , Received $3,100 cash from clients billed on March 23 . Pantaine withdrew cash of $5,000. $ Net cash provided (used) by operating activities Cash flows from investing activities: Mar. 15 Mar. 23 Mar. 28 Mar. 30 Mar. 31 Mar 31 Net cash provided (used) by investing activities Cash flows from financing activities: Net cash provided (used) by financing activities Net increase (decrease) in cash Cash balance, March 1, 2024 Cash balance, March 31, 2024 Requirement 3. Calculate Amanda Pantaine, Attorney's return on assets (ROA). Round to the nearest whole percent. (Round the ROA to the nearest whole percent. X%.) . , X.) Print Done = ROA c. Balance sheet as of March 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Review the ending balances of the accounts from Requirement 1. Assets Liabilities Owner's Equity d. Statement of cash flows for the month ended March 31, 2024. Complete the statement one section at a time, beginning with the heading and cash flows from operating activities. Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the table leave the box empty, do not select a label or enter a zero. Complete all answer boxes for subtotals and the final cash section, though. Enter a "O" for any zero subtotal or cash balance. X More info Cash flows from operating activities: Receipts Mar. 1 Payments: Mar. 2 Mar. 3 Mar. 5 Mar. 7 Mar. 9 Sold personal investment in Amazon stock, which she had owned for several years, receiving 532.000 cash. Deposited the $32,000 cash from the sale of the Amazon stock in her personal bank account. Deposited $92,000 cash in a new business bank account titled Amanda Pantaine, Attorney. The business gave capital to Pantaine, Paid $450 cash for ink cartridges for the printer. Purchased computer for the law office, agreeing to pay the account. 56,000, within three months. Received $3,300 cash from customers for services rendered Received bill from The Lawyer for magazine subscription, $280. (Use Miscellaneous Expense account) Finished court hearings on behalf of a client and submitted a bill for legal services. $11,000, on account. Paid bill from The Lawyer Paid utilities, 1,300 , Received $3,100 cash from clients billed on March 23 . Pantaine withdrew cash of $5,000. $ Net cash provided (used) by operating activities Cash flows from investing activities: Mar. 15 Mar. 23 Mar. 28 Mar. 30 Mar. 31 Mar 31 Net cash provided (used) by investing activities Cash flows from financing activities: Net cash provided (used) by financing activities Net increase (decrease) in cash Cash balance, March 1, 2024 Cash balance, March 31, 2024 Requirement 3. Calculate Amanda Pantaine, Attorney's return on assets (ROA). Round to the nearest whole percent. (Round the ROA to the nearest whole percent. X%.) . , X.) Print Done = ROA
