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Please Label and show all work P2-2. Transactions and Financial Statements Obj. 1 2 3 Aaron Lee established Restart Technology Services on August 1, 20Y4.
Please Label and show all work
P2-2. Transactions and Financial Statements Obj. 1 2 3 Aaron Lee established Restart Technology Services on August 1, 20Y4. The effect of each transaction and the balances after each transaction for August are shown below in the integrated financial statement framework. Instructions 1. Prepare an income statement for the month ended August 31, 20Y4. 2. Prepare a statement of stockholders' equity for the month ended August 31, 20Y4. 3. Prepare a balance sheet as of August 31, 20Y4. 4. Prepare a statement of cash flows for the month ended August 31, 20Y4. Financial Statement Effects Details Answer: Check Figure: 4 . Net cash flows from financing activities, $64,000Step by Step Solution
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