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really stuck please help P11-74B (similar to) IB Question Help The comparative balance sheets of Daniel Dunstable Design Studio, Inc., at June 30, 2018, and

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P11-74B (similar to) IB Question Help The comparative balance sheets of Daniel Dunstable Design Studio, Inc., at June 30, 2018, and 2017, and transaction data for fiscal 2018, are as follows: (Click the icon to view the comparative balance sheet) (Click the icon to view the transaction data) Read the requirements Requirement 1. Prepare the statement of cash flows of Daniel Dunstable Design Studio for the year ended June 30, 2018, using the indirect method to report operating activities. Also prepare the accompanying schedule of noncash investing and financing activities. All current account changes except for the short-term Notes Payable changes result from operating transactions Start by completing the cash flows from operating activities using the indirect method. Then complete the statement of cash flows. (Use parentheses or a minus sign for numbers to be subtracted and for a not decrease in cash) Unified Daniel Dunstable Design Studio, Inc. c Tool Choose from any list or enter any number in the input fields and then click Check Answer. 5 remaining Clear All Check Answer hboard ole e ao - 9 a Table More Info - X Daniel Dunstable Design Studio, Inc. Comparative Balance Sheets June 30, 2018 2017 Increase Decrease) Transaction data for the year ended June 30, 2018, follows a. Net income, $59.200 b. Depreciation expense on equipment, 513.100 c. Purchased a long term investment with cash $14.900 d. Sold land for $60,300, including a $7.000 loss e. Acquired equipment by issuing a long term note payable $14800 1. Paid off a long-term note payable, 561,300 Received cash for the issuance of common stock 832 400 h. Paid cash dvidends $7800 Paid off a short term note payable by issuing common stock, 55300 $ 28,900 $ 59,000 97,700 3.500 35,000 74,700 3,100 $ 22,100 62.900 2500 102.300 73.000 20.800 36,900 34 300 1000 (67,300) 1,700 Print Done Done 5 parte remaining Choma 75 6 7 8 9 Po backpace P11.74B (similar to Table Requirements - X Long term investment 10,500 4,600 $318300 $ 275,500 $ 14.000 42 800 1. Prepare the statement of cash flows of Daniel Dunstable Design Studio for the year ended June 30, 2018. Using the indirect method to report operating activities. Also prepare the accompanying schedule of noncash investing and financing actives All current account Changes except for the short form Notes Payable changes result from operating transactions 2. Prepare a supplementary schedule showing cash flows from operations using the direct method The accounting records provide the following collections from customers $253, 100, interest received, $1.400 payments to suppliers $189,700, payments to employees, $35.700 payments for income tax $11.900, and payment of interest, 55, 100 Current bites Noles payable, short term Accounts Income tax payable Accrued abilities Interest payable Salary payable Long term noto payable 19.000 S 40 300 14.400 10.000 13.700 $ 29.000 13 500 25,200 3.400 4,800 47,500 79.700 (5,300) (11.300) 1900) 15.200 900 1.000 (46,500) 37.700 2.500 Print Done 3200 94,000 42.000 Commons Choose from any list or enter any number in the input fields and then Print Done 5 remaining 5 parts Question Collections from customers T! Decrease in income tax payable Increase in prepaid expenses increase in salary payable Depreciation expense For income tax For interest Decrease in accounts payable Increase in accounts receivable Increase in accrued liabates Increase in interest payable Increase in inventories Interest received Issuance of common stock $ Notes payable, shorten Accounts payable Income tax payable Acordes 13,700 $ 19,000 5 29,000 40,300 13.500 14.400 25,200 10,000 3.000 2.500 4.800 3.200 47,500 94.000 79,700 42.000 101,500 50 100 318,300 $ 275.500 $ 5.300) (11,300) (900) 15.200 900 1600 (45,500) 37,700 51,400 22.000 Long Lam note payable Common stock Choose from any list or enter any number in the input fields and then click Che $ 5 parts remaining backspace

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