Net Income Lawson's Lawn Service Statement of Owner's Equity For the Month Ended April 30, 2021 Lawson's Capts, April 1, 2021 Investment on April 1, 2001 Net Income for April Warawals Increase in Owner's Liquy Lawn Capital, Apel 30, 2021 Lawson's Lawn Service Balance Sheet April 30, 2021 Assets Cash Land Total A Accounts Payable Owner's Equity $330,000 d 07-3 $119,300 270,000 99000 Date 4 The Francial statements at the end of Lawson's lawn service first manth of operations are as follows Athenship among the four financial statements and enter the missing amounts. If an Income Statement For the Hon Ended April 3, 2021 Expenses Suppies Expense 18.530 N 10,300 Unties Exper Set Expense 6.300 Lawson Capital Total abilities and owner's equity Use negative number or parenthesis to indicate cash outflows, decreases in cash, and cash payments Lawson's Lawn Service Statement of Cash Flows For the Mouth Finded April 30, 20211 Cash flows from used for operating vines Cash received from customer Cash paid for operating expenses and to be 87.00) Net cash flow from posting activities Cash flows from (d) investing actives Cash paid for acquisition of land Cash flows from ned for) financing activities: Chceived from a vested Net cash dow from financing activit Net increase (decresse) in cash D Lingy Open m MacBook Pro 4. The financial statements at the end of Lawson's lawn service first month of operations are as follows Analyze the Interrelationships among the four financial statements and enter the missing amounts. If an amount is zero, enter "0". Lawson's Lawn Service Income Statement For the Month Ended April 30, 2021 Fees Earned Wages Expense Expenses: Rent Expense Supplies Expense $38,800 18,530 b. 10,380 a. Utilities Expense Miscellaneous Expense 6,300 Total Expense Copyright Cengage Leaming. Powered by Cognero 89,390 Page 2 Net Income Lawson's Lawn Service Statement of Owner's Equity For the Month Ended April 30, 2021 Lawson's, Capital, April 1, 2021 Investment on April 1, 2021 Net Income for April Withdrawals Increase in Owner's Equity Lawson, Capital, April 30, 2021 Lawson's Lawn Service Balance Sheet April 30, 2021 Assets: Cash Supplies Land Total Assets Liabilities: Accounts Payable Owner's Equity: Lawson, Capital $87,110 0. $338,000 d. (37,200) c. f. $119,500 7,410 270,000 & $9,000 h Total liabilities and owner's equity i Use negative number or parenthesis to indicate cash outflows, decreases in cash, and cash payments. Lawson's Lawn Service Statement of Cash Flows For the Month Ended April 30, 2021 Cash flows from (used for) operating activities: Cash received from customers Cash paid for operating expenses and to creditors (87,800) Net cash flow from operating activities Cash flows from (used for) investing activities: Cash paid for acquisition of land Cash flows from (used for) financing activities: Cash received from owner as investment Cash withdrawals by owner Net cash flow from financing activities Net increase (decrease) in cash Copyright Cengage Leaming. Powered by Cognero k. L m. n. 0. p. Page 3