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Financial Statements Dust, Sweep, Repeat Services, Inc. began its operations on January 1,20Y7. The following amounts were taken from the accounting records as of December
Financial Statements Dust, Sweep, Repeat Services, Inc. began its operations on January 1,20Y7. The following amounts were taken from the accounting records as of December 31 , 20Y7. 1. Prepare an income statement for the year ended December 31,20Y8. Dust, Sweep, Repeat Services, Inc. Statement of Stockholders' Equity 2. Prepare a statement of stockholders' equity for the year ended December 31,20Y8. Note: The retained earnings at January 1,20Y8, was $224,000. If your answer is zero enter "0" Dust, Sweep, Repeat Services, Inc. Statement of Stockholders' Equity Enr the Vaar Fntad naramhar 31 znve 3. Prepare a balance sheet as of December 31,20Y8. 4. Prepare a statement of cash flows for the year ended December 31,20Y8. Use the minus sign to indicate cash outflows, decreases in cash, or cash payments. Dust, Sweep, Repeat Services, Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8 Cash flows from (used for) operating activities: Cash flows from (used for) investing activities: Cash flows from (used for) financing activities: $
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