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I need major help with 1-3. I just can't seem to figure it out. Date Jan. 1 Accounts Debit Credit Dec. 20 Cash Paid in

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I need major help with 1-3. I just can't seem to figure it out.

image text in transcribed Date Jan. 1 Accounts Debit Credit Dec. 20 Cash Paid in Capital 6,250 Partial Classified Balance Sheet: Balance Sheet (partial) Stockholders' Equity: General Journal: Date Jan 1 Account Cash Debit Credit 10,200 Bonds Payable 10,000 Premium on Bond Payable July 1 Bond Interest Expense Cash 200 200 200 Premium 20 Bond Interest Expense July 1 20 Cash 8,850 Discount on Bonds Payable 1,150 Bonds Payable July 1 Cash 10,000 10,853 Bonds Payable Premium in Bond Payable 10,000 853 Dec. 31 Bond Interest Expense 200 Bond Interest Payable Dec. 31 Bond Interest Expense 200 15,000 Bond Interest Payable Bond Interest Expense Discount on Bonds Payable 15,000 115 115 Statement of Cash Flows: Bravo-Zulu Company Statement of Cash Flows Year Ended December 31,2016 Net Income 1,225,000 Adjustments For: Depreciation Expense 500,000 Accounts Receivable Decrease 25,000 Accounts Payable Decrease (40,000) Gain on Sale (50,000) Net Cash Flow from Operating Activities 385,000 1,610,000 Cash Flows from Investing Activities: Purchase of plant assets Sale of Plant Assets (1,250,000) 500,000 Net Cash Used in Investing Activities (750,000) Cash Flows from Financing Activities: Dividends (30,000) Net Cash from Financing (30,000) Net Increase in Cash 830,000 Cash Balance December 31, 2015 250,000 Cash Balance December 31, 2016 860,000 Noncash Investing/Financing activities: Issued stock to retire long term note 725,000 General Journal: Date Jan. 1 Account Investment Debit 90,000 Cash Dec. 31 Investment Investment Income Credit 90,000 7,500 7,500 Cash 3,000 Stock Investment b. Stock Investments Accounts Balance 12/31/16: $94,500 1. 2. 3. 4. 84 $8,400 $5,000 50 3,000 1. 60,000 2. 54,000

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