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eBook Missing amounts from financial statements The financial statements at the end of Atlas Realty's first month of operations follow: By analyzing the interrelationships among

eBook Missing amounts from financial statements The financial statements at the end of Atlas Realty's first month of operations follow: By analyzing the interrelationships among the four financial statements, determine the missing amounts. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash in the Statement of Cash Flows. Fees earned Expenses: Wages expense Rent expense Print Item Atlas Realty Income Statement For the Month Ended May 31, 2016 Supplies expense Utilities expense Miscellaneous expense Total expenses Net income 203,200 45,000 17,200 14,400 4,400 Common Stock Atlas Realty Statement of Stockholders' Equity For the Month Ended May 31, 2016 Retained Farnings $399,000 (284,200) 114,800 4 Total
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Missing amounts from financial statements. The financial statements at the end of Atlas Realty's first month of operations follow: By analyzing the interrelationships among the four financial statements, determine the missing amounts. If a net loss is incurred or dividends were pald, entef that amount as a negative number using a minus sign. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash in the Statement of Atlas Realty Statement of Stockholders' Equity For the Month Ended May 31, 20Y6 Balances, May 1, 20 Y6 Issued common stock Net income Dividends Balances, May 31, 20 Y6 Atlas Realty Balance Sheet May 31, 20Y6 Cash Assets Supplies Land Total assets Liabilities Accounts payable $56,900 Stockholders' Equity Common stock eBook Print Item Accounts payable $56,900 Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Atlas Realty Statement of Cash Flows For the Month Ended May 31, 20Y6 Cash flows from (used for) operating activities: Cash received from customers Cash paid for expenses and to creditors (239,300) Net cash flows from operating activities Cash flows from (used for) investing activities: Cash paid for acquisition of land (122,000) Cash flows from (used for) financing activities: Cash received from issuing common stock Cash paid for dividends $150,000 Net cash flows from financing activities (64,000) Net increase (decrease) in cash Cash balance, May 1, 20 Y 6 Cash balance, May 31, 20 Y 6

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