i Safari File Edit View History Bookmarks Window Help , SunOct8 10:17 PM I) E Beztomheducationcom .. (9 [ii + M Question 9 - Ch... . r Chapter 6 Homework 0 Saved Help Save & Exit Submit 9 Bensen Company began operations when it acquired $60,000 cash from the issue of common stock on January 1, Year 1. The cash acquired was immediately used to purchase equipment for $50,000 that had a $10,000 salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream (assume all revenue transactions are for cash). At the 10 beginning ofthe fih year, the equipment was sold for $8,800 cash. Bensen uses straightline depreciation points Year 1 Year 2 Year 3 Year 4 Year 5 Revenue $26, 100 $28,500 $32, 000 $31, 300 $ 0 l Skippeu Required Prepare income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of the five years. (Statement of Cash Flows and Balance Sheet only: Items to be deducted must be indicated with a minus sign.) eBook ASK Complete this question by entering your answers in the tabs below. Print Re'e'er'ces Income Stmt of Balance Sheet Statement of Statement Changes Cash Flows Prepare income statements for each of the ve years. (Losses should be entered with a minus sign.) % 6 Safari File Edit View History Bookmarks Window Help SunOct8 10:17 PM I) E 8 ezto'mheducationcom Qi+l M Question 9 - Ch... 1 i L Chapter 6 Homework 0 Saved Help Save 8 Exit Submit 9 rear 1 Year 1 rear 5 vear 4 rear 3 Revenue $26, 100 $28,500 $32, 000 $31, 300 $ 0 i Required 10 Prepare income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of points the five years. (Statement of Cash Flows and Balance Sheet only: Items to be deducted must be indicated with a minus sign.) Complete thls questlon by entering your answers In the tabs below. skipped Income Stmt of B I Sh t Statement of Statement Changes 5 ance ee Cash Flows eBook A k Prepare income statements for each of the ve years. (Losses should be entered with a minus sign.) 5 Print References Gain/(Loss) Net income/(loss) % Safari File Edit View History Bookmarks Window Help Q Sun Oct 8 10:17 PM ezto.mheducation.com C myEFSC McGraw Hill Co.. M Question 9 - Ch. Homework Help. Login | Citation. Watch Annie Fu.. G Gmail Students | Flori.. o Mail - Tricianna... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 9 Prepare income statements, statements Of changes in stockholders equity, balance sheets, and statements Of cash flows for each Of the five years. (Statement of Cash Flows and Balance Sheet only: Items to be deducted must be indicated with a minus sign.) Complete this question by entering your answers in the tabs below. 10 points Income Stmt of Balance Sheet Statement of 01:41:10 Statement Changes Cash Flows Prepare the statements of changes in stockholders' equity for each of the five years. (Amounts to be deducted and losses Skipped should be indicated by a minus sign.) BENSEN COMPANY eBook Statement of Changes in Stockholders' Equity Ask For the Year Ended December 31 Year 1 Year 2 Year 3 Year 4 Year 5 Print References 0 0 0 Net income/(loss 0 0 0 0 0 Total stockholders' equity $ o $ o $ o $ o $ o Mc Graw Hill 39 OCT 8 " tv ONACSafari File Edit View History Bookmarks Window Help Q Sun Oct 8 10:17 PM ezto.mheducation.com C myEFSC McGraw Hill Co.. M Question 9 - Ch. Homework Help. Login | Citation. Watch Annie Fu.. G Gmail Students | Flori.. o Mail - Tricianna... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 9 Prepare income statements, statements of changes in stockholders equity, balance sheets, and statements Of casn TIows for each of the five years. (Statement of Cash Flows and Balance Sheet only: Items to be deducted must be indicated with a minus sign.) Complete this question by entering your answers in the tabs below. 10 points Income Stmt of Statement of 01:41:07 Statement Changes Balance Sheet Cash Flows Prepare the balance sheets for each of the five years. (Amounts to be deducted should be indicated by a minus sign.) Skipped BENSEN COMPANY Balance Sheet eBook As of December 31 Ask Year 1 Year 2 Year 3 Year 4 Year 5 Print Assets References Total assets $ o $ o $ 0 $ o $ Stockholders' Equity Total stockholders' equity $ o $ o $ o $ o $ Mc Graw Hill 39 OCT 8 "stvHistory Q Sun Oct 8 10:18 PM Safari File Edit View Bookmarks Window Help ezto.mheducation.com C + myEFSC McGraw Hill Co.. M Question 9 - Ch. Homework Help. Login | Citation. Watch Annie Fu.. G Gmail Students | Flori.. o Mail - Tricianna... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 9 Income Stmt of Statement Balance Sheet Statement of Changes Cash Flows Prepare the statements of cash flows for each of the five years. (Cash outflows should be indicated with a minus sign.) 10 BENSEN COMPANY points Statement of Cash Flows For the Year Ended December 31 01:40:59 Year 1 Year 2 Year 3 Year 4 Year 5 Skipped Operating activities: eBook Net cash flow from operating activities 0 0 0 Ask Investing activities: Print References Net cash investing activities 0 0 0 Financing activities: Net cash flow from financing activities 0 0 0 0 Net change in cash o 0 0 0 Ending cash balance $ o $ o $ o $ o $ Mc Graw Hill L 39 3 OCT 8 " tv A