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prepare a statement of cash flows using indirect method for 2017 please show work 2018 2017 Cash Accounts Receivable Inventory Prepaid Rent $409,300 $258,700 $569,100
prepare a statement of cash flows using indirect method for 2017 please show work
2018 2017 Cash Accounts Receivable Inventory Prepaid Rent $409,300 $258,700 $569,100 $1,119,000 $1,056,000 $621,800 $88,700 $2,238,800 $46,900 Total Current Assets $1,930,700 N/R -City of Gila Bend Equipment Accumulated Depreciation Equipment $226,300 $554,000 $337,000 $699,000 $235,000 $1,064,000 $172,400 $654,000 $310,000 $574,000 $212,000 $724,000 Accumulated Depreciation- Buildings Land Total Assets $4,210,100 $3,533,100 Accounts Payable Accrued Interest Payable Accrued Wages Bonds Payable Dividends Payable Income Taxes Payable $218,700 $27,900 $36,800 $100,000 $25,000 $99,100 $334,600 $42,600 $56,500 $52,200 $78,000 $91,000 Total Liabilities $507,500 $654,900 Common Stock Retained Eamings Current Year Income $400,000 $2,578,200 $724,400 $300,000 $1,889,300 $688,900 Total Equity $3,702,600 $2,878,200 Total Liabilities+ Equity $4.210,100 $3,533,100 $60,400 gain on sale of equipment was included in net income Step by Step Solution
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