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help with a cash flow statment and a statemnt of onwers equity from this income statment and balance sheet please. income statement 430000 255000 60000
help with a cash flow statment and a statemnt of onwers equity from this income statment and balance sheet please.
income statement 430000 255000 60000 cash receipts e less expenses 3 cash expenses 4 depreciation 5 total expenses 46 operating income 47 less interest expense 48 income after interet before tax 49 less income tax at 20% 50 net income 51 52 53 54 315000 115000 20000 95000 19000 76000 CE 5 2014 ASSETS 3 Current Assets Cash 23,000 0 Accounts receivable 27,000 1 Feeder Livestock 2 Mkt Heifers (1000 lbs) 3 Mkt steers (1150 lbs) 4 Feeder Steer (850 lbs) 5 Crops and Feed Inventory 6 hay 7 Grain 18 Potatoes 19 Other feed 20 Prepaid Expenses 3,000 21 Supplies 56,000 22 Cash invest growing crops 20,000 23 Total Current Assets 129,000 24 25 Non-current Assets 26 Raised breeding livestock** 27 Purchased breeding livestock 28 Machinery & Equipment 190,000 29 Investment in cooperative 30 Buildings & improvements 140,000 31 Land 510,000 32 Total Non-current Assets 840,000 33 01 balance sheet with ten 969,000 5,000 56,000 Total Business Assets Personal assets 5 Total Assets 7 3 LIABILITIES 9 Current Liabilities o Accounts payable 1 CCC loans 2 Notes Payable 3 Accrued interest 34 Current portion term debt 45 Accrued Tax 46 Income tax payable 47 Deferred tax on current ass 48 Total Current Liabilities 49 50 Non-Current Liabilities 51 Notes (Due beyond 12 mon 52 Mortgages 53 Other loans 54 Deferred tax on non-current assets 55 Total Non-Current Liabilit 56 57 Total Business Liabilities 58 personal liabilities 59 Total Liabilities 8,000 21,000 43,000 34,000 167,000 128,000 243,000 371,000 0 0 57 TO 58 personal liabilities 59 Total Liabilities 60 61 Owner Equity 62 retained earnings 63 Contributed capital 64 Personal net worth 65 Valuation equity 66 Total Owner Equity 67 68 Total Liabilities & Owner | 499,000 1,037,000 69 70 71 72 73 income statement 430000 255000 60000 cash receipts e less expenses 3 cash expenses 4 depreciation 5 total expenses 46 operating income 47 less interest expense 48 income after interet before tax 49 less income tax at 20% 50 net income 51 52 53 54 315000 115000 20000 95000 19000 76000 CE 5 2014 ASSETS 3 Current Assets Cash 23,000 0 Accounts receivable 27,000 1 Feeder Livestock 2 Mkt Heifers (1000 lbs) 3 Mkt steers (1150 lbs) 4 Feeder Steer (850 lbs) 5 Crops and Feed Inventory 6 hay 7 Grain 18 Potatoes 19 Other feed 20 Prepaid Expenses 3,000 21 Supplies 56,000 22 Cash invest growing crops 20,000 23 Total Current Assets 129,000 24 25 Non-current Assets 26 Raised breeding livestock** 27 Purchased breeding livestock 28 Machinery & Equipment 190,000 29 Investment in cooperative 30 Buildings & improvements 140,000 31 Land 510,000 32 Total Non-current Assets 840,000 33 01 balance sheet with ten 969,000 5,000 56,000 Total Business Assets Personal assets 5 Total Assets 7 3 LIABILITIES 9 Current Liabilities o Accounts payable 1 CCC loans 2 Notes Payable 3 Accrued interest 34 Current portion term debt 45 Accrued Tax 46 Income tax payable 47 Deferred tax on current ass 48 Total Current Liabilities 49 50 Non-Current Liabilities 51 Notes (Due beyond 12 mon 52 Mortgages 53 Other loans 54 Deferred tax on non-current assets 55 Total Non-Current Liabilit 56 57 Total Business Liabilities 58 personal liabilities 59 Total Liabilities 8,000 21,000 43,000 34,000 167,000 128,000 243,000 371,000 0 0 57 TO 58 personal liabilities 59 Total Liabilities 60 61 Owner Equity 62 retained earnings 63 Contributed capital 64 Personal net worth 65 Valuation equity 66 Total Owner Equity 67 68 Total Liabilities & Owner | 499,000 1,037,000 69 70 71 72 73 Step by Step Solution
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