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Can someone do the two Statement of Cash Flows on the designated excel sheet. One using the direct method and the second using the indirect
Can someone do the two Statement of Cash Flows on the designated excel sheet. One using the direct method and the second using the indirect method.
Balance Sheet Asset Cash Account Receivable Kitchen supplies Prepaid insurance Automobile Computer Copier Office supplies Total endingopening Liabilities endingopening shareholders value 12430 1720 540 310 1480 292168288050 Accumulated depreciation 5442 Common stock 333000333000 3608 21410 17460 Account payable 840 Retained earning 14558 380 2710 1480 330 250 professional services payable 1960 33600 6200 1320 Taxes payable 33600 Dividends payable 2670 740 3540 630 570 364038 347558 16480 Income statement 139610 Service revenues Less expense 7190 5240 Kitchen supplies expense Office supplies expense Depreciation expense Automobile Computer Copier Salaries Rent Utiliteis Phone Insurance Professional service expense 4200 1240 1548 40800 17280 22800 5400 6932 540 26440 6610 19830 Income before tax Less: Tax 25% Profit after tax Less: Dividends Net incomeStep by Step Solution
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