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cannot upload in parts. its the same as i uploaded now The following transactions pertain to Accounting Solutions Inc. Assume the transactions for the purchase

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cannot upload in parts. its the same as i uploaded now
The following transactions pertain to Accounting Solutions Inc. Assume the transactions for the purchase of the computer and any capital improvements occur on January teach year. Year 1 1. Acquired $59,000 cash from the issue of common stock 2. Purchased a computer system for $23.800. It has an estimated useful life of five years and a $3,030 salvage value 3. Pald $1,200 sales tax on the computer system 4. Collected $30,080 in fees from clients 5. Pald $1,380 in fees for routine maintenance to service the computers 6. Recorded double declining balance depreciation on the computer system for Year 1. Year 2 1. Pald $930 for repairs to the computer system 2. Bought off-site backup services to maintain the computer system, $1070 3. Collected $33,000 in fees from chents 4. Paid $810 in fees to service the computers 5. Recorded double declining balance depreciation for Year 2. Year 3 1. Pald $3,000 to upgrade the computer system, which extended the total life of the system to ux years. The salvage value did not change 2. Pald $890 in fees to service the computers 3. Collected $37,650 in fees from clients 4. Recorded double-declining balance depreciation for Year 3. Required a. Record the above transactions in a horizontal statements model b-1. Prepare income statements for Year 1 Year 2. and Year 3 b-2. Prepare statements of changes in stockholders' equity for Year 1 Year 2 and Year 3 b-3. Prepare balance sheets for Year 1 Year 2, and Year 3 6.4. Prepare statements of cash flows for Year 1 Year 2 nd Year 3 Complete this question by entering your answers in the tabs below. BIT RB2 R4 Cash Complete this question by entering your answers in the tabs below. Req A Year 1 Req A Year 2 Reg A Year 3 Req B1 Inc Strnt Req B2 Strt of Changes Req B3 Bal Sheet Rag 14 Cash Flows Record the above transactions in a horizontal statements model for Year 1. In the Cash Flow column, indicate whether the item is an operating activity (OA), an account balances and cash outflows with a minus sign. Not all calls will require antry.) investing activity (1A), a financing activity (FA), or net change in cash (NC). If an element is not affected by the event, leave the cell blank. Enter any decreases to Show less ACCOUNTING SOLUTIONS INC Horitontal Statements Model Year Balance Sheet Income Statement Assets Stockholders' Equity BV Common Retained Revenue Expense Net Income Equipment Stook Earnings Event Year Statement of Cash Flows 1 + 2 3 . 4 . .. 5 0 Bal IMA Req A Year 2 > Complete this question by entering your answers in the tabs below. Req A Year 1 Req A Year 2 Reg A Year 3 Req B1 Inc Stmt Req B2 Stmt of Changes Reg B3 Bal Sheet Reg 134 Cash Flows Record the above transactions in a horizontal statements model for Year 2. (In the Cash Flow column, indicate whether the item is an operating activity (OA) Investing activity (IA), a financing activity (FA), or net change in cash (NC). If an element is not affected by the event, leave the cell blank. Enter any decream account balances and cash outflows with a minus sign. Not all cells will require entry.) sh ACCOUNTING SOLUTIONS INC Horizontal Statements Model Year 2 Balance Sheet Income Statement Assets Stockholders' Equity V Common Retained Revenue Expense Net Income Equipment Stock Earings Event Year 2 Statement of Cash Flow Cash + Bal 1 2 3 4 5 Complete this question by entering your answers in the tabs below. Reg A Year 1 Req A Year 2 Reg A Year 3 Reg Bi Inc Stmt Reg B2 Strnt of Changes Reg B3 Bal Sheet Reg 34 Cash Flows Record the above transactions in a horizontal statements model for Year 3. (In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), a financing activity (FA), or net change in cash (NC). If an element is not affected by the event leave the call blank. Enter any decrease account balances and cash outflows with a minus sign. Not all cells will require entry) Sho ACCOUNTINO SOLUTIONS INC Horizontal Statements Model - Year a Balance Sheet Income Statement Assets Stockholders' Equity BV Common Retained Revenue Expense Net Income Equipment Stock Earnings Event Yera Statement of Cash Flow Cash Bal 1 + + + + 2 3 4 Bal Complete this question by entering your answers in the tabs below. Req A Year 1 Req A Year 2 Reg A Year 3 Req Bl Inc Stmt Req B2 Stmt of Changes Req B3 Bal Sheet Req 84 Cash Flows Prepare income statements for Year 1, Year 2, and Year 3. ACCOUNTING SOLUTIONS INC Income Statement For the Year Ended December 31 Year 1 Year 2 Year Expenses Total expenses 5-2. Prepare statements of changes in stockholders' equity for Year 1 Year 2 and Year 3. b-3. Prepare balance sheets for Year 1 Year 2 and Year 3 b-4. Prepare statements of cash flows for Year 1 Year 2, and Year 3. Complete this question by entering your answers in the tabs below. Req i Cash Flows Req A Year 1 Req A Year 2 Req A Year 3 Req B1 Inc Reg B2 Strnt Reqs Bal Stmt of Changes Sheet Prepare statements of changes in stockholders' equity for Year 1. Year 2, and Year 3 ACCOUNTING SOLUTIONS INC Statements of Changes in stockholders For the Year Ended December 31 Yeart Ye 42 Year Beginning common stock Ending common stock Beginning retained eamings Ending retained earnings Total stockholders equity b-3. Prepare balance sheets for Year 1. Year 2, and Year 3. b-4. Prepare statements of cash flows for Year 1 Year 2 and Year 3. Complete this question by entering your answers in the tabs below. Reg A Year 1 Req A Year 2 Req A Year 3 Reg Di Inc Stmt Reg B2 Stmt of Changes Reg B3 Bal Sheet Reg 14 Cash Flows Prepare balance sheets for Year 1. Year 2, and Year 3. ACCOUNTING SOLUTIONS INC. Balance Sheet As of Decemberat Yeart Year 2 Year Assets Total Assets Liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity > Complete this question by entering your answers in the tabs below. Reg A Year 1 Req A Year 2 Raq A Year 3 Req B1 Inc Strut Reg 2 Simt of Changes Reg B3 Bal Sheet Reg 14 Cash Flows Prepare statements of cash flows for Year 1. Year 2, and Year 3. (Cash outflows should be indicated with a minus sign) ACCOUNTING SOLUTIONS INC Statement of Cash Flow For the Year ended December 31 Yeart Cash flows from operating activities Year 2 Year a Net cash flows from operating activities Cash flows from investing activities Net cash flows from investing activities Cash flows from financing activities Net cash flows from financing activities Net change in cash Ending Cash Balance

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