Prepare cashflow statement under direct and indirect method the given data is in the picture
f (1) Facebook X Become a Tutor | Tutor Jobs at Cc X 5 FEMALE - MAS 3 CAsh Flow Exer X + X -) C @ File | C:/Users/mhine/Downloads/FEMALE%20-%20MAS%203%20CAsh%20Flow%20Exercises%201%20September%202020%20BSA%203-1.pdf ... i Apps BPIS ONLINE ENRO... People in ORAL CO. [NOTES] ADVANCE. GITMAN SOLMAN-... PSign Up for PayPal:. WORK CACRUISE #I ASAP Company Statement of Financial Position Information Accounts January 1, 2019 December 31, 2019 Cash 3,500.00 5,500.00 Accounts Receivable 1,200.00 3,600.00 Inventory 5,200.00 6,600.00 Land 8,200.00 12,200.00 Building and equipment 35,700.00 48,700.00 Accumulated Depreciation 6,000.00 8,700.00 Total Assets 50,800.00 67,900.00 Accounts payable 5,000.00 3,200.00 Salaries Payable 1,500.00 1,800.00 Bonds payable, 10% 7,000.00 15,000.00 Ordinary share, P10 par 8,000.00 9,000.00 Paid in capital in excess of par 16,000.00 19,000.00 Retained Earnings 13,300.00 19,900.00 Total Liabilities and Shareholder's Equity 50,800.00 67,900.00 Income Statement Information Sales 80,000.00 Part of caller Type here to search W 9 3:06 PM 24/09/2020 E3f (1) Facebook X Become a Tutor | Tutor Jobs at Cc X 5 FEMALE - MAS 3 CAsh Flow Exer X + X -) C @ File | C:/Users/mhine/Downloads/FEMALE%20-%20MAS%203%20CAsh%20FLow%20Exercises%201%20September%202020%20BSA%203-1.pdf ... i Apps BPIS ONLINE ENRO... People in ORAL CO. [NOTES] ADVANCE. GITMAN SOLMAN-... PSign Up for PayPal:. Income Statement Information Sales 80,000.00 Cost of sales 48.600.00 Gross Profit 31,400.00 Operating Expenses Depreciation Expense 3,400.00 Other Expenses 15,900.00 19,300.00 Operating Income 12,100.00 Other revenues and expenses Gain on sale of equipment 700.00 Interest expense 800.00 100.00 Income before income taxes 12,000.00 Income tax expense 3,600.00 Net Income 8,400.00 Retained Earnings Information Type here to search w 9 3:06 PM 24/09/2020 E3f (1) Facebook X Become a Tutor | Tutor Jobs at Cc X 5 FEMALE - MAS 3 CAsh Flow Exer X + X -) C @ File | C:/Users/mhine/Downloads/FEMALE%20-%20MAS%203%20CAsh%20Flow%20Exercises%201%20September%202020%20BSA%203-1.pdf ... i Apps BPIS ONLINE ENRO.. People in ORAL CO. [NOTES] ADVANCE. GITMAN SOLMAN-.. P Sign Up for PayPal:.. Retained Earnings Information Retained Earnings, Beg 13,300.00 Add: Net Income 8,400.00 Total 21,700.00 Less: Dividends 1,800.00 Retained Earnings, End 19,900.00 Supplemental Information a. Equipment was purchased for cash at a cost of P15,200 b. Ten year bonds payable with a face value of P8,000 were issued for P8,000 at the year end c. Land was acquired through the issuance of 100 shares of P10 par ordinary shares when the stock was selling at a market price of P40 per share d. Equipment with a cost of P2,200 and a book value of P1,500 was sold for P2,200 cash Type here to search W TO 9 3:06 PM 24/09/2020 E3
