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How to create cash flow statements for five years with the following data: Thanks in advance. Rio Brazilian Steakhouse Income Statement For Month Ended June
How to create cash flow statements for five years with the following data:
Thanks in advance.
Rio Brazilian Steakhouse Income Statement For Month Ended June 30, 2021 Revenue: Income from Sales $162,688.00 Expenses Wages Expense Lease Expense Insurance Expense Utilities Expense Supplies Expense Marketing Expense Misc Expense 24,624.00 2,500.00 1,500.00 1,900.00 7,035.24 350.00 200.00 Total Expenses 38, 109.24 $124,578.76 Net Income $0.00 Rio Brazilian Steakhouse Statement of Owner's Equity For Month Ended June 30, 2021 Rio Brazilian Steakhouse, Capital, June 1, 2021 Investment during June $ 19,570.00 Net Income for June 124,578.76 Subtotal $ 105,008.76 Less Withdrawals for June 3,500 Increase in Capital C.Garcia, Capital, June 30, 2021 101,508.76 $ 101,508.76 Rio Brazilian Steakhouse Balance Sheet June 30, 2021 Assets Cash 20,000.00 Equipment 10,000 Supplies 5,000 Inventory 1,759 Total Current Assets Liabilities Accounts Payable 2,136 Wages Payable 5,350 Lease Payable 2,500 Total Current Liabilities Owner's Equity C.Garcia, Capital Total Liabilities & Owner's Equity $36,758.81 $ 9,986.00 101,508.76 $36,758.81 Rio Brazilian Steakhouse Income Statement For Month Ended June 30, 2021 Revenue: Income from Sales $162,688.00 Expenses Wages Expense Lease Expense Insurance Expense Utilities Expense Supplies Expense Marketing Expense Misc Expense 24,624.00 2,500.00 1,500.00 1,900.00 7,035.24 350.00 200.00 Total Expenses 38, 109.24 $124,578.76 Net Income $0.00 Rio Brazilian Steakhouse Statement of Owner's Equity For Month Ended June 30, 2021 Rio Brazilian Steakhouse, Capital, June 1, 2021 Investment during June $ 19,570.00 Net Income for June 124,578.76 Subtotal $ 105,008.76 Less Withdrawals for June 3,500 Increase in Capital C.Garcia, Capital, June 30, 2021 101,508.76 $ 101,508.76 Rio Brazilian Steakhouse Balance Sheet June 30, 2021 Assets Cash 20,000.00 Equipment 10,000 Supplies 5,000 Inventory 1,759 Total Current Assets Liabilities Accounts Payable 2,136 Wages Payable 5,350 Lease Payable 2,500 Total Current Liabilities Owner's Equity C.Garcia, Capital Total Liabilities & Owner's Equity $36,758.81 $ 9,986.00 101,508.76 $36,758.81
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