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provide the ending balanxs sheet, income statement, and statement of cash flows Curr Assets Cash Accounts Receivable Allowance for Uncollectible Accts Prepaid Insurance Supplies Inventory
provide the ending balanxs sheet, income statement, and statement of cash flows
Curr Assets Cash Accounts Receivable Allowance for Uncollectible Accts Prepaid Insurance Supplies Inventory Total Current Assets 120,000 80,000 (4,000) 10,000 20,000 300,000 526,000 Property Plant & Equipment Land Equipment Accumulated Depreciation Total PPE Total Assets 68,000 100,000 (30,000) 138,000 664,000 Liabilities & Stockholders' Equity Current Liabilities Accounts Payable Salaries Payable Total Current Liabilities 50,000 15,000 65,000 100,000 Long Term Debt Stockholders' Equity Retained Earnings Common Stock Total Stockholders' Equity Total Liabilities & Stockholders' Equity 44,000 455,000 499,000 664,000 400,000 100,000 500,000 250,000 250,000 180,000 180,000 35,000 15,000 50,000 7,000 7,000 80,000 1 1 Cash 2 Accounts Receivable 3 Sales 4 5 COGS 6 Inventory 7 8 2 Inventory 9 Accounts Payable 10 11 3 Salary Expense 12 Salary Payable 13 Cash 14 15 4 Supplies 16 Accounts Payable 17 18 5 Cash 19 Accounts Receivable 20 21 6 Utilities Expense 22 Cash 23 24 7 Accounts Payable 25 Cash 26 27 8 Rent Expense 28 Cash 29 30 9 Depreciation Expense 31 Accumulated Depreciation 32 33 10 Supplies Expense 34 Supplies 35 36 11 Insurance Expense 37 Prepaid Insurance 38 39 12 Interest Expense 40 Cash 80,000 5,000 5,000 4,500 4,500 12,000 12,000 2,000 2,000 17,000 17,000 1,100 1,100 300 B D Accumulated Depreciation 2,000 10 Supplies Expense Supplies 17,000 17,000 11 Insurance Expense Prepaid Insurance 1,100 1,100 12 Interest Expense Cash 300 300 17,000 17,000 4,000 4,000 50,000 13 Salary Expense Salary Payable . 5 14 Retained Earnings 5 5 Cash 7 3 Equipment 9 Notes Payable 0 1 Depreciation Expense 2 Acc Depreciation 3 4 15 Cash -5 Unearned Revenue 6 7 50,000 5,000 5,000 3,000 3,000 Cash Step by Step Solution
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