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please show all the calculations can you please do it Q2. (25 marks) Given the following information for Lesson Hercules Incorporated prepare their statement of
please show all the calculations
can you please do it
Q2. (25 marks) Given the following information for Lesson Hercules Incorporated prepare their statement of cash flows for December 31, 2017 under ASPE. Qash 550,365 7,585 3,562 225 112,300 430,460 Accounts receivable Inventory Prepaid Expenses Non-current - Note receivable Property, plant and Equipment (net of depreciation) Accounts payable Accrued liabilities Common Shares Retained Earnings Net income Depreciation expense 1,340 1,283 934,914 265,240 50 30,000 Q2. (25 marks) Given the following information for Lesson Hercules Incorporated prepare their statement of cash flows for December 31, 2017 under ASPE. Qash 550,365 7,585 3,562 225 112,300 430,460 Accounts receivable Inventory Prepaid Expenses Non-current - Note receivable Property, plant and Equipment (net of depreciation) Accounts payable Accrued liabilities Common Shares Retained Earnings Net income Depreciation expense 1,340 1,283 934,914 265,240 50 30,000 Step by Step Solution
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