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Help with these ACCT questions. Thank you very much. 1. Reporting Amounts on the Four Basic Financial Statements 2. Preparing an Income Statement and Inferring

Help with these ACCT questions. Thank you very much.

1. Reporting Amounts on the Four Basic Financial Statements

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2. Preparing an Income Statement and Inferring Missing Values

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There are 5 more columns.

3. Inferring Values Using the Income Statement and Balance Sheet Equations

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Using the following table and the equations underlying each of the four basic financial statements, show (a) that the balance sheet is in balance, (b) that net income is properly calculated, (c) what caused changes in the retained earnings account, and (d) what caused changes in the cash account. (Cash outflows should be indicated with a minus sign.) Assets Liabilities Stockholders' Equity Revenue Expenses Net Income Dividends Beginning Retained Earnings Ending Retained Earnings Cash Flows from Operating Activities 17,400 Cash Flows from Investing Activities(8,900) Cash Flows from Financing Activities (6,150) Beginning Cash Ending Cash $81,200 19,350 61,850 33,800 19,800 14,000 4,900 22,200 31,300 4,900 7,250

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