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Prepare Cash Flow Statement ( round off up dollar) 20X2 20X1 Cash $9,426 $32,991 Accounts Receivable $58,913 $76,586 Prepaid Insurance $11,783 $16,496 Cash $9,426 $32,991
Prepare Cash Flow Statement ( round off up dollar)
20X2 | 20X1 | |
Cash | $9,426 | $32,991 |
Accounts Receivable | $58,913 | $76,586 |
Prepaid Insurance | $11,783 | $16,496 |
Cash | $9,426 | $32,991 |
Accounts Receivable | $58,913 | $76,586 |
Prepaid Insurance | $11,783 | $16,496 |
Inventory | $87,191 | $80,121 |
Fixed Assets | $744,654 | $636,255 |
Accumulated Depreciation | $-106,043 | $-70,695 |
2023 | 2022 | |
Cash | $9,426 | $32,991 |
Accounts Receivable | $58,913 | $76,586 |
Prepaid Insurance | $11,783 | $16,496 |
Inventory | $87,191 | $80,121 |
Fixed Assets | $744,654 | $636,255 |
Accumulated Depreciation | $-106,043 | $-70,695 |
Total Assets | $805,923 | $771,754 |
Total Assets | $805,923 | $771,754 |
Accounts Payable | $42,417 | $37,704 |
Wages Payable | $9,426 | $16,496 |
Debentures | $407,675 | $377,040 |
Equity Shares | $207,372 | $197,946 |
Total Assets | $805,923 | $771,754 |
Accounts Payable | $42,417 | $37,704 |
Wages Payable | $9,426 | $16,496 |
Debentures | $407,675 | $377,040 |
Equity Shares | $207,372 | $197,946 |
Retained Earnings | $139,034 | $142,568 |
Total Liabilities & Equity | $805,923 | $771,754 |
2023 | ||||
Sales | $471,300 | |||
Cost of Goods Sold | $-289,850 | |||
Depreciation | $-35,348 | |||
Insurance Expense | $-25,922 | |||
Wages | $-117,825 | |||
Net Profit | $2,357 | |||
During the financial year 20X2 company Jack and son inc declared and paid dividend of $5891.25. . The accounts payable was used only for inventory. No debt was retired during 2023. |
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