Prepare a statement of Cash Flows For the year ended June 30th, 2020

	6/30/20		6/30/19
	Debits	Credits	Debits	Credits
Cash	$6,300	$-	$5,000	$-
Accounts Receivable	1,200		750
Prepaid Insurance	760		530
Land	9,000		-
Equipment	15,000		15,000
Accumulated Depreciation - Equipment		1,350		350
Building	40,000		-
Accumulated Depreciation - Building		2,000		-
Notes Payable		5,000		1,000
Accounts Payable		570		250
Salaries and Wages Payable		450		300
Interest Payable		50		50
Deferred Revenue		800		800
Long Term Debt		32,000		-
Common Stock		1,400		1,400
Additional Paid in Capital		12,600		12,600
Retained Earnings		4,530		1,000
Dividends	600
Sales		35,000		16,050
Cost of Sales	10,350		4,230
Selling Expenses	1,850		750
Salaries and Wages Expense	4,200		3,850
Depreciation Expense	3,000		350
Insurance Expense	1,800		1,800
Utilities Expense	1,490		1,490
Interest Expense	200		50
	$95,750	$95,750	$33,800	$33,800