Prepare Statement of Cash Flows for the year ending December 31, 2019

Credit 8,000 2,800 14,000 750 30,000 Statement of Cash Flows for the year ending December 31, 2019 GREAT ADVENTURES, Inc. Adjusted Trial Balance December 31, 2019 Accounts Debit Cash 64,200 Accounts Receivable 2.000 Inventory 5,000 Prepald Insurance 2,400 Prepald rent 1.800 Supplles (Office) 300 Supplles (Racing) 200 Equlpment (Blkes) 12,000 Equlpment (Kayaks) 21,000 Accumulated depreciation Accounts payable Income tax payable Interest payable Notes payable Common stock ($1.00 par - 1,000,000 shares authorized. 10,000 shares Issued and outstanding) Pald-In Capital In Excess of Par-Common Dividends 4,000 Merchandise Sales Revenue Sales retums and allowances 2,500 Service revenue (Clinic) Service revenue Racing) Advertising expense 1,000 Cost of Goods sold 15,000 Deprecation expense 8,000 Income tax expense 14,000 Insurance expense 2.400 Interest expense 750 Legal fees expense 1,500 Miscellaneous expense 1,200 Rent expense 800 Salarles expense 2.000 Selling expese 5,000 Supplles expense (Office) 1,500 Supplles expense Racing) 2,600 10,000 10,000 27,500 50,400 17,500 Totals 170,950 170,950