Just Prepare statement of cash flows, use the information above. prepare statement of cash flows (direct method ). Hint: the loan to Pitchfork Co. is an investing activity. If you look at each of the transactions, there were eight involving cash. Each of these appear on/effect the statement of cash flows somehow.

The following account balances were taken from the records of Larson Inc. at December 31, 2017. Larson provides landscaping services and lawn supplies to businesses in the local area.

Prepare an adjusted trial balance below. Be sure to incorporate the beginning balances along with the changes that resulted from your journal entries. You might want to use T-accounts on scratch paper to compute the account balances first do NOT include the T-accounts with your assignment submission.

Now prepare statement of cash flows (direct method ). Hint: the loan to Pitchfork Co. is an investing activity. If you look at each of the transactions, there were eight involving cash. Each of these appear on/effect the statement of cash flows somehow.

Be sure it is correct cash flows statement thanks

Debit Creditp Cash Accounts receivable Notes receivable Supplies Equipment Buildings Land Accumulated depreciation* Accounts payable Unearned service revenuer Income tax payable Notes payable long termp Mortgage payable+ Common stock? Retained earnin Dividends Service revenue Wages expense Operating expenses Depreciation expense Income tax expense+ Totalp 82,365 57,89 2,348* 198 325 165,75 60,000 23,478 7 60 216 300,000 164,375