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Workshop 2 Problems Student Q Search Shoot + Review View AA. Doo Home Insert Page Layout Formulas Data P . X cut Calibri (Body) 12 . A A Copy Paste format B IU. . .A AG X fx 1 9 Wrap Text General $ . % Morge & Center. ) Conditional Format Check Cell Insert Delete Format Formatting as Table Clear M N L Points: 24 hems1 pt. each - 24 points total 1 2.6 Recording transactions in the Accounting Equation and Financial Statements 2 Background information Donald Duck and Friends had the following events 3 in 2015 6 7 R 5 Ever Description of Event 1 Performed dry cleaning services for $40,000 cash 2 On February 1, 2018. ad $20,000 cash to rent office space for the coming year 3 Adjusted the counts for the amount of rent used during the year 10 al Complete the accounting .ation for the different transactions Denaid and Friends Camcurry Accounting Equation 14 Event Stockholders Equity Betained Gaming + Prepaid Rent 16 1 Total 22 Prepare an incom m ent for 2018 Donald Duck and Friends Income Statement For the Year Ended December 31.2018 Donald Duck and Friends Balance Sheet As of December 31.2015 41 Total Assets 45 Stockholders Equity 48 Total Stockholders Fouily 49 Total Liabides and Stockholsters Equity 21,667 21,667 $ Problem 2.1 Problem 2.2 Problem 2.3 Problem 24 Problem 2.5 Problem 2.6 + Ready Average: 1 Count: 2 Sum: 1 E M -- + 100% Workshop 2 Problems Student Q Search Shoot + Review View ASA. Doo Home Insert Page Layout Formulas Data P . X cut Calibri (Body) 12 . A A Copy Paste Format B IU. . .A x fx 1 - Wrap Text Morge & Center. General $ . % Good Check Cell . Insert . Delete 3 ) Conditional Format Format Clear N 52 Di Prepare the statement of cash flows Donald and Friends Statement of Cash Flows As of December 31.2013 5 5R Cash flows from operating Activities 59 Cash Receipt from Revenue GO Cash payment for rent 62 Net Cash flow from operating Activities 63 Cash flows from investing actrities 64 cash flows from financing activities 65 Net Change in Cash 66 Plus Beginning Ch ance 67 Ending Cash Balance Problem 2.1 Problem 2.2 Problem 2.3 Problem 24 Problem 25 Problem 2.6 Ready Average: 1 Count: 2 Sum: 1 E M -- + 100%