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help me figure ststement of CF. check if Statement of RE is correct. thanks. how about balance sheet. who can help? D $ A27 fx

help me figure ststement of CF.
check if Statement of RE is correct.
thanks. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
how about balance sheet. who can help? image text in transcribed
image text in transcribed
D $ A27 fx Cash Dividends A B 1 Symphony Lawn Sculptues 2 Adjusted Trial Balance 31-Dec-20 4 Account Debit Credit 5 Cash $ 301,000 6 Accounts Receivable 11,000 7 Allowance for Bad Debt 330 8 Finished Goods Inventory 12,500 9 WIP Inventory 6,500 10 Raw Materials Inventory 9,000 11 Prepaid Expenses 2,000 12 Equipment 72,000 13 Acc. Dep.-Equipment 42,000 14 Building 175,000 15 Acc. Dep.-Building 70,000 16 Land 45,000 17 Equity Investments 25,000 18 Goodwill 30,000 19 Copyrights 8,000 20 Accounts Payable 19,800 21 Accrued Liabilities 5,600 22 Short-term Notes Payable 3,000 23 Long-term Notes Payable 30,000 24 Common Stock-$1 Par 100,000 25 PIC-Common 215,000 26 Retained Earnings 140,000 27 Cash Dividends 64,330 28 Sales Revenue-Sculpture Division 900,000 2020 Adjusted TB Income Statement Statemer ... Ready Clipboard Styles A27 f Cash Dividends D A B C 18 Goodwill 30,000 19 Copyrights 8,000 20 Accounts Payable 19,800 21 Accrued Liabilities 5,600 22 Short-term Notes Payable 3,000 23. Long-term Notes Payable 30,000 24 Common Stock-$1 Par 100,000 25 PIC-Common 215,000 26 Retained Earnings 140,000 27 Cash Dividends 64,330 28 Sales Revenue-Sculpture Division 900,000 29 Net Income-Fountain Division 40,000 30 Sales Discounts 10,000 31 Sales Returns & Allowances 4,500 32 Gain on Sale of Equity Investments 4,000 33 Cost of Goods Sold 415,000 34 Advertising Expense 50,000 35 Depreciation Expense-Selling 6,000 36 Depreciation Expense-Administrative 4,000 37 Utilities Expense-Selling 18,000 38 Utilities Expense-Administrative 23,000 39 Salaries Expense-Selling 86,000 40 Salaries Expense-Administrative 144,000 41 Research and Development Expense 10,000 42 Interest Expense 1,500 43 Loss on Disposal of Fountain Division 10,000 44 Income Tax Expense 26,400 45 Total $ 1,569,730 $ 1,569,730 46 2020 Adjusted TB Income Statement Statemer Ready O D $ 900,000 $ 10,000 4,500 (14,500) 885,500 (415,000) 470,500 37 fr A B Symphony Lawn Sculptures Income Statement Year Ended December 31, 2020 Sales: Sales Revenue Sclpture Division Less: Sales Discount Sales Return and allowance 3 Net Sales Cost of good sold 0 Gross profit 1 Operating Expenses: 12 Advertising expense 13 Depreciation Expense-Selling 74 Utilities Expense-Selling 15 Salaries expense-Selling 16 Depreciation Expense-Administrative 17 Utilities Expense-Administrative 18 Salaries Expense Administrative 19 Research and Development Expense 20 Income from operations 21 Other Revenues and Gains: 22 Gain on Sale of Equity Investments 23 24 Other Expenses and Losses: 25 Interest Expense 26 Income from continuing operations before income tax 27 Income Tax Expense 28 Income from continuing operations 2020 Adjusted TB Income Statement Statemer Ready 50,000 6,000 18,000 86,000 4,000 23,000 144,000 10,000 341,000 129,500 4,000 133,500 (1,500) 132,000 (26,400) 105,600 . 537 f D 86,000 4,000 23,000 144,000 10,000 341,000 129,500 4,000 133,500 (1,500) 132,000 (26,400) 105,600 A B 5 Salaries expense-Selling 6 Depreciation Expense-Administrative 7 Utilities Expense-Administrative 8 Salaries Expense-Administrative 9 Research and Development Expense 0 Income from operations 21 Other Revenues and Gains: 22 Gain on Sale of Equity Investments 23 24 Other Expenses and Losses: 25 Interest Expense 26 Income from continuing operations before income tax 27 Income Tax Expense 28 Income from continuing operations 29 Discontinued Operations: 30 Net Income-Fountain Division 40,000 31 Loss on Disposal of Fountain Division (10,000) 32 Net Income 33 Less: Cash Dividend 34 Net income allocated to Saga shareholders 35 Earnings per common share 36 Diluted Earning per common share 37 Earnings per common share: 38 Number of common shares for basic EPS 39 Number of common shares for Diluted eps 40 41 Net Income 42 43 Notes to Income Statement: 2020 Adjusted TB Income Statement Statemer 30,000 $ $ $ 135,600 (64,330) 71,270 0.71 0.71 100,000 100,000 RA Draw File Home Insert Review A Page Layout Formulas Data % Conditional Formatting Format as Table Number Cell Styles Alignment Cells Font E Clipboard Styles C11 B $ 140,000 100,000 240,000 135,600 4 A 1 Symphony Lawn Sculptures 2 Statement of Retained Earnings 3 For the Year Ended 12-31-20 4 5 Retained earnings, 1-1-XX 6 Period Adjustment Overstated expense 7 Retained earnings, 1-1-XX,restated 8 Add: Net Income 9 10 Less: Cash Dividend 11 Retained earnings, 12-31-XX 12 13 14 15 16 17 18 19 20 21 22 23 $ 64,330 71,270 24 25 26 27 28 File Home Insert Draw Page Layout Formulas Data X % Conditional Formatting Format as Table Cell Styles Ruste Font Alignment Number v Clipboard Styles B6 fx 1 A B Symphony Lawn Sculptures 2 Statement of Comprehensive Income 3 For the Year Ended 12-31-20 4 Net Income $ 135,600 5 Other comprehensive income: 6 Unrealized Holdings gain, net of tax 7 Comprehensive income 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Format Printer Clipboard is Font Alignment B7 A B C 1 D Symphony Lay Balance 31-D 301000 2 3 4 Assets 5 Current Assets: 6 Cash 7 Less: Cash restricted for plant Expansion 8 Accoutn Recievable 9 Less: Allowance for bad debt 10 Supplies 11 Inentory 12 Total Current Assets 13 14 Long-term Investments: 15 Held to maturity debt investment 16 cash restricted for cash expansion 17 Total Long-term Investments 18 19 Plant, Property, & Equipment: 20 Equipment 21 Less: Accumulated Depreciation- Wquipment 22 Buildings 23 Less: Accumulated depreciation buildings 24 land 25 Total Plant, Property, & Equipment 26 27 Intangible Assets: 28 Trademarks 29 Patents 30 Total Intangible Assets 31 Total Assets 2020 Adjusted TB Income Statement Statement of RE Statement of Enter 11 Type here to search O RT Wrap Text General & Au Merge & Center $ % 78-98 ant Alignment Number E F G H awn Sculptures ce Sheet Dec-20 Liabilities Current Liabilities: Total Current Liabilities Long-term Debt: Total Long-term Debt Total Liabilities Stockholders' Equity Capital Stock: Additional Paid-in Capital: Total Paid-in Capital Total Equity Attributable to Symphony Shareholders Add: Total Equity Total Liabilities and Stockholders' Equity e Statement Statement of RE Statement of CI Balance Sheet Statment

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