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help please due very soon(clear pics) ignore the first picture this ones better they are in order from top to bottom I just took extra

help please due very soon(clear pics)
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ignore the first picture
this ones better
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they are in order from top to bottom I just took extra pics so there isnt any confusion because most of the fill in the blanks are the same thing
Failfe mintenest More info On Jarwary 1, 2021, Modem issued ks common stock for 3510,000 . Earty in Januery. Modern enace the following cash payments a. 3220.000 for equipoient b. $2.43000 for imentory (rine cars at $27,060 each) c. $25,000 for 2021 rent oa a mare hulding In Febenary, Modeen purchased theee cars lor inventoy on actoent. The cont of thas inventory was $117,000(539,000 per cae) Befor year-end, the company paid of far lis kevinicey. During 2021, Meden sold aleven aitos for a total o 1649,000 . Before year and, it had colected 70% ef thin smont The buriness emipleys two pecele. The cembined wenual jayrat is 5151.000 of which Modein owes 18,005 at yeac-esd. Ad the and of the year, the tonipay pald income texes of 322,000 C.ate in 2021 , Modern declered end pald cast diffande of 530000 with zero tetibual yeue Soen Mators, he, was formed on Javisary 1.2021. The followeg transactions octerred during 2021 (Fick the koo la Vhew the trantactions) ead thu mantiten atit Modein Mokors inc. Stateitine el C.ath Flows findinect Method) Rieas the coxiterenta Moderi Motois, Inc: tncoeme Statement Yoar Ended Decenter 31, 2021 Requirement 1. Pitepas Modern's income statement for the year ended December 31, 2021. Usa the single-step format. with all revinues Ested together and al experses together. Modern Motors, Inc. tacome Statement Year Ended December 31, 2021 Reverue: 1021. The folowing transsctions occurred during 2021: Accumulated depreciation Cash Commonstock Cost of goods sold nont for the year ended Decomber 31, 2021. Use the zingle-step formut, with all revenues fisted together and all expenses fogeither. Depreciation expense Income tax expense Net income (loss) Ront expenso Petained earnings Salaty expenso Balis reyenue Requlrement? 2. Prepare Modemi balance theet at December 31, 2021 . Requirement 2. Prepare Modern's balance theet at December 31, 2021 Requirement 2. Prepare Modern's balance theet at December 31, 2021 Irensent 2. Prepare Modern's balance sheet at Decentset 31,2021. Modern Motors, Inc.. Balance Sheet December 31, 2021 Assets Liablitities Property diat and equipment Leate Requirement2. Prepare Modern's balance theet at Decembar 31, 2021 Requirement 2. Propace Moderris balance theet at December 31, 2021 : Modern Motort, Inc, was formed on January 1, 2021 . The folowog transactions occurded duting 2021 (1) (Click tha icon to view the trinsidions.) Pead the copulsemests. Stockholdese' equity Propecty. plant and equipment: Accounts payable Accounts recenvable Feeguirement 3. Prepare Modern's statement of cash floms for the y ber zerobilances) perating activities using the indirect minthed (tha purentheses or a minai sign for riamb Accounts receivable Accumulated depreciation Cash Common stock Equipment iffentacy Rutained earnings Selay payable Read the isgintements: Stockholders' equity Property, plant, and equipment: Leot: wo for the year onded December 51,2021 . Format cash flows from operating activities using the indrect aithod ( Woe patentheses Total current assets Total currern liabiltes Total liabilites and stocktiolders' equity Total stocktiolders' equity ating activites using the indrect method (Use paientheses er a minus algn for nambers to bu mbeacied thg activithes using the indiect meshed (Use parentheses er a minut slign fer nimbers ky be suhtedi 7leat to thainemets tur tero butwencey Mrotem Mreons, is Tra feilet Decentes 31, noes Canh thes bon uperitivg batyifie UUCinsed in gccouts paritule lociease 4 ivernsry treseeris in teminte peratie tead picome Miomeren if diviena Kequirentent 3. Propare Modems statement of cash tiows tor the9 year enoect bocl for zero balances.) Modern Motors, Inc. Statement of Cash Flows (indirect Mothod) Year Ended December 31, 2021 Cash flows from operating activities: Adpustments to recondle net income to net eash provided by (used for) operating acticities? Depreciation Increase in accounts payable Increase in accounts teceivable Increase in ieventory increase in salary payable tssuance of common stock Net nicome Payment of dividend Phischase of equepinant Depreciation year enced Lecember 31. 2021. Focmat cash tlows trom operating activies using the motrect memoo increase in accounts payable Increase in accounts receivable Increase in inventory Increase in salary payable Issuance of common stock Not incomo Payment of dividend Purchase of equipment Cash flowes fiom finanding octivilisw: Nit canh proplaed by fusod for) thanoing activelies Wht increase (decrobes) incath (or zero balances) for zere balances.) Modetn Motors, Inc, for zere balances.) Modetn Motors, Inc, for zero bulances) Modem Motors, Inc. Statement of Cash Flows (inderect Method) Year Ended December 31, 2021 Cash flows from operating actlvities: Adyntimants to woonclite nat income to net eash prewded by (used tor) operating actevies. Not cath provised toy (uted tod opei sing acimities Cach Daws foum livyneline sctivities! Cash balance, Deceativer 31, 2020 Canh baiance. Deckmber 31,2021 Requirement 1. Pitepas Modern's income statement for the year ended December 31, 2021. Usa the single-step format. with all revinues Ested together and al experses together. Modern Motors, Inc. tacome Statement Year Ended December 31, 2021 Reverue

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