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Musing amounts from financements The francia satements at the wo Wolverine Rastrono aperations are as follows By analyzing the interrelationship mong the facilitatements, determine the
Musing amounts from financements The francia satements at the wo Wolverine Rastrono aperations are as follows By analyzing the interrelationship mong the facilitatements, determine the proper amount to the sings Use the minuto indicate cases.catherinehin the Statement of Ches Wolverine Realty Income Statement For the Month Ended April 30, 2070 Fees and Expenses Want expense 1310,000 Rent engende 107.000 Suppies expense Utos expense 21.000 Miscellaneous expense 26,000 Totale penser 149.000) Net income 12:54,000 Wolverine Realty Statement of Stockholders' Equity For the Month Ended April 30, 2010 Common Stock Retained Earnings $0 SO Total Balances, April 1, 2040 50 Total $0 Wolverine Realty Statement of Stockholders' Equity For the Month Ended April 30, 20YO Common Stock Retained Earnings Balances, April 1, 20YO $0 $0 Issued common stock Net Income Dividends (130,000) Balances, April 30, 2040 (130,000) Wolverine Realty Balance Sheet April 30, 20YO Assets Cash Supplies Land $462,500 13,000 148,000 Total assets Liabilities $129,500 Accounts payable > Stockholders' Equity Common stock $370,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity > Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 20Y0 Cash flows from (used for) operating activities: Cash received from customers Cash paid for expenses and to creditors (379,500) Net cash flows from operating activities Cash flows from (used for) investing activities: Cash paid for land Cash flows from (used for) financing activities: Cash received from issuing common stock Cash paid for dividends Net cash flows from financing activities Net increase (decrease) in cash Cash balance, April 1, 20YO Cash balance, April 30, 20Y0 0 0
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