forms.office.com 3 Why companies are deducting depreciation expenses? In which statement depreciation expense are adjusted? (2 Points) Enter your answer 4 On the basis of the information given in the picture below, prepare a statement of cash flows in a form consistent with generally accepted accounting principles. You may assume all transactions were in cash and that the beginning cash balance was $7,200. (Non-anonymous question ) (10 Points) $15,000 5,000 15,000 $35,000 Revenues: Services provided to customers Investment by stockholders Loan from bank Expenses: Payments to long-term creditors. Expenses required to provide services to customers Purchase of land Net loss $11,700 7,800 16,000 35,500 $ 500 Upload file