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PLEASE ANSWER ASAP Zunish Inc. had the following account balances at December 31, 2021: Account Name Amount Collections from customers 564,935 Cash received from debt
PLEASE ANSWER ASAP
Zunish Inc. had the following account balances at December 31, 2021: Account Name Amount Collections from customers 564,935 Cash received from debt 16,000 Maintenance expense 2,755 Accounts payable 23,515 Rent expense 4,800 Purchase of intangibles 1,160 Deferred revenue 1,650 Office supplies 2,135 Payment of dividends 5,000 Contributions by owners 7,000 Cash (beginning of year) 33,500 Income tax payable 2,250 Office supplies expense 1,240 Retained earnings (beginning of year) 18,375 Prepaid expenses 2,400 Utilities expense 875 Website expense 750 Prepaid rent 1,500 Website design 1,100 Interest expense 1,200 Owner's capital 19,000 Accounts receivable 32,645 Cash (end of year) 56,350 Service revenue 39,370 Bank loan payable, due in 2025 16,000 Income tax expense 7,350 Business licence 60 Payments to suppliers 58,925 Dividends 5,000 Using the above information create the following: income statement, statement of retained earnings, balance sheet and the statement of cash flows. Then use the information to answer the following questions. What is total liabilities on this company's balance sheet? Question 15 (2 points) What is total equity on this company's balance sheet? What is total cash flow from investing activities on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as - 10485 A/ Question 20 (2 points) What is total cash flow from operating activities on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as - 10485 A/ Question 21 (2 points) What is total cash flow from financing activities on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a 'sign. For example, outflow of $10,485 enter as - 10485 What is the net change in cash on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as - 10485 AStep by Step Solution
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