Only need help with Required B Statement of Cash Flows and Required C Analysis as shown in photos.
The trial balance of Pacilio Security Services, Inc. as of January 1, Year 2, was as follows: Cash Land Notes Payable Conmon Stock Retained Earnings $ 8,580 4,000 5,800 6,800 1,500 During Year 2. Pacillo Security Services experienced the following transactions: 1. Acquired an additional $2.000 from the issue of common stock. 2 Paid $3.000 on the debt owed 3. Performed $21,000 of security services for numerous local events during the year $15.000 was on account and to the Small Business Government Agency. The loan is interest free ay 1, rented a small office bullding. Paid $2.400 for 12 months' rent in advance 5. Purchased supplies on account for $650 6. Paid salaries expense for the year of $8.000. 7. Incurred other operating expenses on account. $6.200 8. On September 1, Year 2, a customer pald $600 for services to 9. Collected $13,500 of accounts receivable during the year 10. Paid $5,800 on accounts payable be provided over the next six months 11. Paid $1,500 of advertising expenses for the year 12. Paid a cash dividend to the shareholders of $1,000 13. The market value of the land was determined to be $5,000 at December 31, Year 2 Information for Adjustments Information for Adjustments 14. There was $65 of supplies on hand at the end of the year 15. Recognized the expired rent. 16. Recognized the revenue earned from Transaction 8. 17. Accrued salaries were $1,200 at December 31, Year 2 Required a. Show the effects of the events on the financial statements using a horizontal statements model given below. In the Cash Flows column, use OA to designate operating activity, IA for investing activity. FA for financing activity, NC for net change in cash and NA to indicate accounts not affected by the event. The beginning balances have been recorded as an example b. Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for c. Indicate whether the transaction Increases (+). decreases statements. Also, in the Cash Flow column, use the letters OA to designate operating activity. IA for investing activity ). or increases and decreases (+/-) for each element of the financial FA for financing activity. The first transaction is recorded as an example. Complete this question by entering your answers in the tabs below Required B Stmt Stkholders Eq B Required B Inc Stmt Required B Bal Sheet Stmt of Cash Analysis Required A Flows omework Required B Inc Stmt Required B Stmt of Cash R Required B Stmt Required B Bal Stkholders Eq Required A Sheet Flows Prepare a statement of cash flows for Year 2. (Cash outflows should be indic PACILIO SECURITY SERVICES, INC. Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities es Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities 0 Net cash flow from financing activities 0 400 8,500 et increase in cash Beginning cash balance Ending cash balance 8,900 Required B Bal Sheet Required C Analysis Required B Required C Required B Inc Required B Stmt Stkholders Eq Required B Required B Bal Stmt of Cash Analysis Stmt Required A Sheet Flows Indicate whether the transaction increases (+), decreases (), or increases and decreases (+/-) for each element of th column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity. The first tra Pacillio Security Services Horizontal Statements Model for Year 2 Income Statement Stockholders Equity Statement of Cash Flows Event Assets Liabilities+ Revenues . Expenses Net Income FA 2. 10 12 13 14 15 16 17
