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PLEASE DO ONLY P1-10A NOT THE OTHER QUESTION. I WOULD REALLY APPRECIATE YOUR STEP AND EXPLANATION. I HAVE ADHD AND I NEED TO SEE THE
PLEASE DO ONLY P1-10A NOT THE OTHER QUESTION. I WOULD REALLY APPRECIATE YOUR STEP AND EXPLANATION. I HAVE ADHD AND I NEED TO SEE THE PROCESS OF IT.
DO ONLY P1-10A
siness Publishers bunting and Business Decisions 35 $19,300 12,900 6,500 6,000 800 aring year- statement bH 15,000 ? LO5 P1-10A. Income Statement, Statement of Stockholders' Equity, Balance Sheet and Statement of Cash Flows Gregg Corporation started business on January 1, 2019. The following information was compiled by Gregg as of December 31, 2019. $20,000 12,000 3,000 cial records of 1,500 Sales revenue. Expenses Dividends Cash Accounts receivable Inventory Equipment Building Accounts payable Notes payable. Common stock Retained earnings .... Cash flow from operating activities. Cash flow from investing activities Cash flow from financing activities $ 4,000 33,000 20,000 ? 6,500 (55,000) 50,000 2,500 3,000 15,000 40,000 $ 27,000 440,000 475,000 210,000 47,000 155,000 LO5, 6 s and then pre- 19. ing and financ- REQUIRED Prepare the company's year-end financial statements: an income statement, a statement of stock- holders' equity, a balance sheet, and a statement of cash flows. P1-11A. Financial Statements and Other Components Match each of the items in the left column with the appropriate annual report component from the right column: 1. The company's total liabilities a. Income Statement 2. An opinion regarding whether the financial b. Statement of Stockholders' Equity statements followed GAAP C. Balance Sheet 3, Information regarding the estimates used in d. Statement of Cash Flows the financial statements e. Management Discussion and Analysis 4. The cash from operations during the period (MD&A) 5. The company's total revenues for the period f. Notes to the Financial Statements 6. A discussion of potential risks that a com 8 Auditor's report pany may encounter in the future 7. The amount of a company's earnings that are distributed to the company's stockholders vironment pri- ppropriate be- urged to a gov- Decial parts for acturing costs president's of iry, the firm'sStep by Step Solution
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