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Please help create a statement of cash flows with this information. Proof is required - how do you prove this? Blank Memonal Hospital Comparative Balance
Please help create a statement of cash flows with this information. Proof is required - how do you prove this?
Blank Memonal Hospital Comparative Balance Sheet 2004 2003 100,000 120,000 784.000 350,700 845,000 Cash Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Depreciation Accounts payable Salaries payable Common Stock Retained Eamings 619,000 135,000 760,000 363,000 860,000 13,000 110,200 73,000 1,694,200 846,600 100,500 85,000 1.394,200 420,000 Other information 1. Net Income was $500,600 2. Depreciation was $13,000 3. Dividends paid $7,400 Table 9: Blank Memorial Hospital Comparative Balance Sheet After preparing the Statement of Cash Flows, prove to the CFO that you have completed it correctly. (20 points) (A 1-page Statement of Cash Flows with proof is required.)Step by Step Solution
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