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Hello please answer everything and I will give you a thumbs up ! 2 . The following is selected financial information of Village Company for
Hello please answer everything and I will give you a thumbs up The following is selected financial information of Village Company for the
current year ended December Prepare the statement of cash flows for
Village Company for the current year ended December
Cash, December prior year
Cash used by investing activities$
Cash used by financing activities
Cash from operating activities
At the beginning of the year, a company had $ worth of liabilities.
During the year, assets increased by $ and at yearend they equaled
$ Liabilities decreased $ during the year. Calculate the
beginning and ending values of equity.
Tesla completed these transactions during April of the current year:
April Rented office space and paid $ cash for the month of September.
April Purchased office equipment for $ paying $ cash and agreeing to
pay the balance in one year.
April Purchased office supplies for $ cash.
April Completed work for a client and immediately collected $ cash for the
services.
April Completed $ services for a client on credit.
April Received $ from a client for the work completed on September
April Paid the office secretarys monthly salary, $ cash.
Show the effects of the above transactions on the components of the accounting
equation. Use the following format for your answers.
The first item is shown as an example.
Increase I, Decrease D No effect N
Date AssetsLiabilitiesEquity
Example:
April D N D
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