I need help to check my T account again bc I'm not sure. Please write clear and easier to understand.
CAS 0.000 36.000 22.000 15,0000 ACCOUNTSPAVABLE 1.000 COMMON STOCE 450.000 AND EARNINGS 5400 W Weldon purchasedyment in of 11.000 400 000 10 21 1> 000 EXPENSES 49.000 SERVICE REVENUE 80.000 14 ACCOUNTS RICEVARE 65.000 1000 DOO Wernede 500.000, SI5.000 inced the S65.000 widenincurred perso10,000, $22.000 inch there. $8.000 EUR 7 Wald recorded degrees the quest in the end of 54,200 IS 12 LE DEPRECIATION EXPENS GAIN ON DISPOSAL EQUIPMENT 16.000 ACCUMBERUP 1100 1800 20 21 22 18.000 The wereld SERVICE REVENUE XX EXPENSES xxx DEPRECIATION EXPENSE XXX RETAINED LANNINGS OX 20 21 LAND 3 Wide Corp declared den 155,000 CONT DENT 160.000 5.000 CASH FLOW STATEMENT-INDIRECT METHOD OVE SIGNS NETICOM proho INCREASE IN ACCOUNTS RECEIVABLE INCREASE IN ACCOUNTS PATARE CADILLOW FROM OPERATIONS 38000 10,000 2 10 CASH 11 ACCOUNTS RICHIVALE 12 LAD TOUPINE SE ACCUM DEIOU ACCOUNTS PATARE 1 COMMON STOCK ATANO ANNOS SERVICES POSES DEPRECANDA PENSE GANON DISPOSAL TORES 400.000 19.000 40.000 PURCHASE OF EQUIN CASH FLOW FROM INVESTING SANCE OF COMVON STOCK PAYMENT OF DIVINO CAROW FROMINCINO 545.000 55.000 Itabeled avtomobilom thea NETCASHOW BEGINNING BALANCE OF CASH ENDING BALANCE OF CASH D.DE ALT-EZ-CASH FLOW TRANSACTIONS 1 Walden Corporation issued 100,000 shares of $4.00 par value common stock at par RETAINED EARNINGS F o CASH 400,000 38,000 22,000 15,0000 F ACCOUNTS PAYABLE 18,000 COMMON STOCK 400,000 18.000 400,000 3 Waldon purchased equipment in the amount of $38,000, paying cash 369.000 EXPENSES 40,000! SERVICE REVENUE 80,000 4 Walden earned revenue of $80,000, receiving $15,000 in cash, and the rest $65,000 on account. s Walden incurred expenses of $40,000, paying $22,000 in cash and the rest, $18,000, on account. ACCOUNTS RECEIVABLE 65,000 40,000 80,000 DEPRECIATION EXPENSE GAIN ON DISPOSAL 65,000 + 4 7 Walden recorded depreciation on the equipment In the amount of 54,200. EQUIPMENT 38,000 ACCUM, DEPR. EQUIP 3,800 3,800 38,000 & The accounts were closed: SERVICE REVENUE Xxx EXPENSES xxx DEPRECIATION EXPENSE XXX RETAINED EARNINGS xxx LAND 9 Walden Corp declared and paid a cash dividend of $5,000. CREDIT DEBIT 369.000 ABLE 65,000 CASH FLOW STATEMENT INDIRECT METHOD OBSERVE SIGNS NET INCOME DEPRECIATION EXPENSE INCREASE IN ACCOUNTS RECEIVABLE INCREASE IN ACCOUNTS PAYABLE CASH FLOW FROM OPERATIONS 38.000 IP E Am 18,000 400,000 65 PURCHASE OF EQUIPMENT CASH FLOW FROM INVESTING 80,000 40,000 A PENSE ISSUANCE OF COMMON STOCK PAYMENT OF DIVIDEND CASH FLOW FROM FINANCING 545.000 465,000