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Green and Silver Company Trial Balance For the Year Ended May 31, 2019 Debits Credits Cash $ 6,700 $ - Accounts Receivable 1,000 Prepaid Insurance
Green and Silver Company | ||
Trial Balance | ||
For the Year Ended May 31, 2019 | ||
Debits | Credits | |
Cash | $ 6,700 | $ - |
Accounts Receivable | 1,000 | |
Prepaid Insurance | 1,080 | |
Equipment | 15,000 | |
Accumulated Depreciation - Equipment | 350 | |
Notes Payable | 5,000 | |
Accounts Payable | 1,070 | |
Salaries and Wages Payable | 300 | |
Interest Payable | 50 | |
Deferred Revenue | 800 | |
Common Stock | 1,400 | |
Additional Paid in Capital | 12,600 | |
Retained Earnings | - | |
Dividends | 600 | |
Sales | 20,700 | |
Cost of Sales | 10,350 | |
Salaries and Wages Expense | 3,850 | |
Depreciation Expense | 350 | |
Insurance Expense | 1,800 | |
Utilities Expense | 1,490 | |
Interest Expense | 50 | |
$ 42,270 | $ 42,270 |
Instructions:
Prepare an income statement, retained earnings statement, balance sheet, and statement of cash flows for the year ended May 31, 2019 in good form. See examples on 3-14, 3-15, and 11-20 of the textbook. Be sure to include subtotals like current assets, current liabilities, and gross profit. I already answered the income statement, retained earnings statement and balnce sheet. I just need help on the statement of cash flows please?
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