ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator Missing Amounts from Financial Statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: Required: Analyze the interrelationships among the four financial statements and enter the missing amounts. If an amount is zero, enter "0". Wolverine Realty Income Statement For the Month Ended April 30, 2019 Fees earned Expenses: Wages expense $48,800 Rent expense 22,090 Supplies expense Utilities expense 12,370 Miscellaneous expense 7,510 Total expenses 109,100 Net income $123,400 Wolverine Realty Statement of Owner's Equity For the Month Ended April 30, 2019 Dakota Rowe, capital, April 1, 2019 Investment on April 1, 2016 $445,000 Net income for April TEL CMS Withdrawals (49000) Increase in owner's equity Dakota Rowe, capital, April 30, 2019 Wolverine Realty Balance Sheet April 30, 2019 Assets Cash Supplies Land $165,790 9,770 355,700 Total assets Liabilities Accounts payable $11,860 Owner's Equity Dakota Rowe, capital Total liabilities and owner's equity Use the minus sign to indicate cash outflows, decreases in cash, and cash payments. Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2019 - 107,010 Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2019 Cash flows from operating activities: Cash receipts from customers Cash payments for expenses and payments to creditors Net cash flow from operating activities Cash flows from investing activities: Cash payments for acquisition of land Cash flows from financing activities: Cash receipt of owner's investment Cash withdrawals by owner Net cash flow from financing activities Net increase (decrease) in cash and April 30, 2019, cash balance ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator Missing Amounts from Financial Statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: Required: Analyze the interrelationships among the four financial statements and enter the missing amounts. If an amount is zero, enter "0". Wolverine Realty Income Statement For the Month Ended April 30, 2019 Fees earned Expenses: Wages expense $48,800 Rent expense 22,090 Supplies expense Utilities expense 12,370 Miscellaneous expense 7,510 Total expenses 109,100 Net income $123,400 Wolverine Realty Statement of Owner's Equity For the Month Ended April 30, 2019 Dakota Rowe, capital, April 1, 2019 Investment on April 1, 2016 $445,000 Net income for April TEL CMS Withdrawals (49000) Increase in owner's equity Dakota Rowe, capital, April 30, 2019 Wolverine Realty Balance Sheet April 30, 2019 Assets Cash Supplies Land $165,790 9,770 355,700 Total assets Liabilities Accounts payable $11,860 Owner's Equity Dakota Rowe, capital Total liabilities and owner's equity Use the minus sign to indicate cash outflows, decreases in cash, and cash payments. Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2019 - 107,010 Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 2019 Cash flows from operating activities: Cash receipts from customers Cash payments for expenses and payments to creditors Net cash flow from operating activities Cash flows from investing activities: Cash payments for acquisition of land Cash flows from financing activities: Cash receipt of owner's investment Cash withdrawals by owner Net cash flow from financing activities Net increase (decrease) in cash and April 30, 2019, cash balance
