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company has been ran for two months. Using the income statement for the two months and the balance sheet for two months, please create a
company has been ran for two months. Using the income statement for the two months and the balance sheet for two months, please create a statement of cash flows for the end of the two months using the indirect method.
May 2019 Assets Current assets Cash Accounts receivable nventory: Materials Work in process Finished goods Total inventory Total current assets Property. plant, and equipment Office Equipment Equipment-Machines 1&2 Accumulated Depreciation Total property plant, and equipment Total assets Liabilities Current Liabilities Accounts payable Wages Payable Total Liabilities Stockholder's Equity Common stock Retained Earnings Total stockholder's equit To:al liabliti $154.895.00 $16.500.00 54,000.00 517.000.00 $18.150.00 339.150.00 5210,545.00 8,000.00 $25.000.00 3690.00 S30,304.00 240,849.00 52,195.00 56,000.00 53,15.00 3200,00000 318.650.00 3216.650.00 5274 845.00 es and stockholder's ecuity Income Statement For the Yeard Ended May 2019 Revenue Sales $31,500.00 $14,850.00 516, 850.00 Cost of Merchandise Sold Gross Profit Expenses Supplies Expense S31,300.00 $2.00000 Rent Expense Total Expenses 533.300.00 Net Income $16 350.00 May 2019 Assets Current assets Cash Accounts receivable nventory: Materials Work in process Finished goods Total inventory Total current assets Property. plant, and equipment Office Equipment Equipment-Machines 1&2 Accumulated Depreciation Total property plant, and equipment Total assets Liabilities Current Liabilities Accounts payable Wages Payable Total Liabilities Stockholder's Equity Common stock Retained Earnings Total stockholder's equit To:al liabliti $154.895.00 $16.500.00 54,000.00 517.000.00 $18.150.00 339.150.00 5210,545.00 8,000.00 $25.000.00 3690.00 S30,304.00 240,849.00 52,195.00 56,000.00 53,15.00 3200,00000 318.650.00 3216.650.00 5274 845.00 es and stockholder's ecuity Income Statement For the Yeard Ended May 2019 Revenue Sales $31,500.00 $14,850.00 516, 850.00 Cost of Merchandise Sold Gross Profit Expenses Supplies Expense S31,300.00 $2.00000 Rent Expense Total Expenses 533.300.00 Net Income $16 350.00
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