PREPARE:

STATEMENT OF CASH FLOWS FOR FEBRUARY

Adjusted Trial Balance February 28, 2X1 Credit Debit $ 7,135 $ 3,380 $ 840 $ 4,250 $ 79,000 $ 124,000 37 Cash 38 Accounts Receivable 39 Supplies 40 Prepaid Rent 41 Building 42 Equipment 43 Accumlated Depreication 44 Accounts Payable 45 Bonus Payable 46 Wages and Salaries Payable 47 Income Tax Payable 48 Interest Payable 49 Notes Payable 50 Service Revenue 51 Common Stock 52 Retained Earnings 53 Bonus Expense 54 Wages and Salaries Expense 55 Rent Expense 56 Supplies Expense 57 Depreciation Expense 58 Interest Expense 59 Income Tax Expense 60 $ 39,040 $ 5,895 $ 975 $ 1,940 $ 7,050 $ 224 $ 33,585 $ 9,080 $ 95,000 $ 32,008 $ $ $ $ 975 2,330 850 650 770 112 505 $ 224,797 $224,797 Post-Closing Trial Balance January 31, 2XX1 Account Cash Accounts Receivable Supplies Building Equipment Accumulated Depreciation Accounts Payable Wages and Salaries Payable Income Tax Payable Interest Payable Notes Payable Common Stock Retained Earnings Total $ 4,490 $ 4,290 $ 680 $ 79,000 $ 124,000 $ 38,270 $ 5,085 $ 1,790 $ 6,545 $ 112 $ 33,650 $ 95,000 $ 32,008 $ 212,460 $ 212,460 5,100 5,100 1,790 390 2,180 810 3,650 4,560 1-Feb Prepaid Rent Cash 4-Feb Wages and Salaries Payable Wages and Salaries Expense Cash 7-Feb Office Supplies Accounts Payable 11-Feb Accounts Receivable | Service Revenue 17-Feb Cash Accounts Receivable 20-Feb Note Payable Cash 23-Feb Cash | Service Revenue 25-Feb Bonus Expense Bonus Payable 28-Feb Depreciation Expense Accumulated Depreciation 28-Feb Rent Expense Prepaid Rent 28-Feb Interest Expense Interest Payable 28-Feb Supplies Expense Supplies 28-Feb Wages and Salaries Expense Wages and Salaries Payable 28-Feb Income Tax Expense Income Tax Payable 810 3,650 4,560 65 5,430 5,430 975 975 770 770 8,850 112 650 1,940 650 1,940 505 505 Statement of Cash Flows For the Month ended February 28, 2XX1 Operating Net Income Depreciation Dividends Decrease in Accounts Receivable Increase in Supplies Increase in Prepaid Rent hestiny Finans Cash beginning, Feb 1 Cash ending. Feb 28 Change in cash Non-cash activities