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Requlred intormation The following infomation apples to the questons disolayed berow? The following events apply to Guir Seafood fot the Year 1 fsccal yoar 1.
Requlred intormation The following infomation apples to the questons disolayed berow? The following events apply to Guir Seafood fot the Year 1 fsccal yoar 1. The company started when it ocoured 520,000 cash by issuing common stock: 2 Purchased a new cooktop that cost $16,300 cast 3. Earned $22,400 in cash revenue 4. Paid $11100 cash for solarles expense 5. Adjusted the records to refiect the use of the cooktop. Purchased on Jonusry 1 , Yuat 1 the cocktop has an expected usefui life of four years and an estumated salvage yalue of $2.400 Use straght lhe depreciotion. The atpustment was made as or December 31, Year 1 Reculred: Q. Hecord the asove transactions in a honzontal statements mode. Note: in the Stetement of Cash Flows column, use the Intiliels (OA), an Investing activiry (IA), a financing activity (FA) and net change in cesh (NC). Enter any decresses to sccount belences snd cesh outflows with a minus wign, Not all cells requlre input
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