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prepare the year end Decmber 31,2021 financial statements for the organization. (Income statement,statement of owners equity, balance sheet, cashflows worksheet, and statement of cahslfows). BRONCO

prepare the year end Decmber 31,2021 financial statements for the organization. (Income statement,statement of owners equity, balance sheet, cashflows worksheet, and statement of cahslfows). image text in transcribed
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image text in transcribed
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BRONCO SERVICES, LLC TRIAL BALANCE DECEMBER 31, 2020 Current year fixed asset changes: Original cost of equipment disposed of in current year Cost of new equipment purchased in current year B. C D E G CASH FLOW FROM (USED IN) 3. INDIRECT METHOD Purchase of equipment Accounts payable Notes payable Owner's contribution account Owner's withdrawal account Net income Depreciation expense Totals Check to Zero: check to zero NET CHANGE in cash balance Cash balance, Jan 1 Recalculated ending cash bal Dec 31 Actual ending cash bal. per TB Difference A \begin{tabular}{lc} 1 & BRONCO SERVICES, LLC \\ \hline 2 & STATEMENT OF CASH FLOWS \\ 3 & FOR THE YEAR ENDED DECEMBER 31, 2021 \end{tabular} Operating Activities Net Income Depreciation Expense Change in Accounts Receivable Change in Accounts Payable Cash Flows From (Used In) Operating Activities Investing Activities Purchase of Equipment Cash Flows From (Used In) Investing Activities Financing Activities Change in Notes Payable Owner's Contributions Owner's Withdrawals Cash Flows From (Used In) Financing Activities Net Increase (Decrease) in Cash Cash Beginning Balance Cash Ending Balance \begin{tabular}{l} 27 \\ 28 \\ 29 \\ 30 \\ 31 \\ 32 \\ 33 \\ 34 \\ 35 \\ \hline \end{tabular} 1. +... 2021TB |ncome Statement Statement of OE Balance Sheet CF Workshe Ready

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