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Score: 0 of 1 pt 2 of 4 (2 completo) E14B-31 (similar to) The income statement and additional data of Health Plus, Inc. follow: Click

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Score: 0 of 1 pt 2 of 4 (2 completo) E14B-31 (similar to) The income statement and additional data of Health Plus, Inc. follow: Click the icon to view the income statement.) (Click the icon to view the additional data) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method Use the transaction references in Panel B when selecting the transaction references in Panel A. (If a box is not used in the spreadsheet, leave the box empty, do not select a label ore Panel B have been completed. Abbreviations used: Acquistion of Plant Assets by Issuing NP = Acquisition of Plant Assets by Issuing Note Payable) Health Plus, Inc. Spreadsheet for Statement of Cash Flows Year Ended September 30, 2018 Balance Balance 9/30/2017 Transaction Analysis DEBIT CREDIT Panel A Balance Sheet: 9/30/2018 $ $ Cash 26.000 53,000 91,000 65,000 34,000 42,000 99,000 Accounts Receivable Merchandise Inventory Plant Assets 182,000 Accumulated Depreciation ---Plant Assets Land (30,000) 76,000 $ 281,000 (55,000) 54,000 356,000 S Total Assets Accounts Payable ccrued Liabilities 23,000 24,000 11,000 39,000 14,000 12,000 lotes Payable KAM GAAN ose from any list or enter any number in the input fields and then click Check Answer Clear All E14B-31 (similar to) The income statement and additional data of Health Plus, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. (c) (d) (e) S Net Cash Provided by Operating Activities Cash Flows from Investing Activities: (91) (h) Net Cash Used for Investing Activities Cash Flows from Financing Activities: 0) (k) Net Cash Used for Financing Activities (0) Non-cash Investing and Financing Activities: (92) (92) Total Non-cash Investing and Financing Activities Total Choose from any list or enter any number in the input fields and then click Check Answer. Clear All All parts showing E14B-31 (similar to) The income statement and additional data of Health Plus, Inc. follow: E (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. (c) (d) (e) s Net Cash Provided by Operating Activities Cash Flows from Investing Activities: (91) (h) Net Cash Used for Investing Activities Cash Flows from Financing Activities: 0) 0 (k) Net Cash Used for Financing Activities (0) Non-cash Investing and Financing Activities: (92) (92) Total Non-cash Investing and Financing Activities Total Choose from any list or enter any number in the input fields and then click Check Answer. w the additional data.) flows fro A Data Table Health Plus, Inc. Income Statement Year Ended September 30, 2018 $ Net Sales Revenue 232,000 99,000 Cost of Goods Sold 133,000 Gross Profit Operating Expenses: Salaries Expense 53,000 25,000 Depreciation Expense-Plant Assets 78,000 Total Operating Expenses Net Income Before Income Taxes 55,000 4,000 Income Tax Expense $ 51,000 Net Income Print Done je i More Info sh a. Acquisition of plant assets is $117,000. Of this amount, $105,000 is paid in cash and $12,000 by signing a note payable. b. Cash receipt from sale of land totals $22,000. There was no gain or loss. Cash receipts from issuance of common stock total $26,000. d. Payment of note payable is $11,000. Payment of dividends is $9,000. f. From the balance sheet: C. September 30 2018 2017 Cash Accounts Receivable Merchandise Inventory Land Plant Assets Accumulated Depreciation Accounts Payable $ 34,000 $ 26,000 42,000 53,000 99,000 91,000 54,000 76,000 182,000 65,000 (55,000) (30,000) 39,000 23,000 14,000 24,000 12,000 11,000 31,000 5,000 260,000 218,000 Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings Print Done 70

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