Score: 0 of 1 pt E14B-31 (similar to) E Question Help The income statement and additional data of Supplements 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 spreadsheet, leave the box empty, do not select a label or enter a zero. Do not check your answer until both Panel A and Panel B have been completed. Abbreviations used. Acquistion of Plant Assets by Issuing NP -Acquisition of Plant Assets by Issuing Note Payable.) A (If a box is not used in the Supplements Plus, Inc. Spreadsheet for Statement of Cash Flows Year Ended September 30, 2018 Transaction Analysis Balance Balance DEBIT 9/30/2018 Panel A-Balance Sheet: 9/30/2017 CREDIT s 25,000 56,00011 82,000 40,000 S 38,000 Cash 42,000 Accounts Receivable Merchandise Inventory 89,000 161,000 Plant Assets (30,000) (56,000) Accumulated Depreciation-Plant Assets 89,000 62,000 Land Choose from any list or enter any number in the input fields and then click Check Answer Check Anewer All parts showing Clear All i Data Table 1 Supplements Plus, Inc. Income Statement Year Ended September 30, 2018 S 230,000 Net Sales Revenue 98,000 Cost of Goods Sold 132,000 Gross Profit Operating Expenses 60,000 Salaries Expense 26,000 Depreciation Expense-Plant Assets 86,000 Total Operating Expenses 46,000 Net Income Before Income Taxes 9,000 Income Tax Expense $37,000 Net Income Print Done Section DE (Spring 2019) work: Homework # 23 HW Score: 33.33% 3 of 3 (1 complete) More Info ta a. Acquisition of plant assets is $121,000 Of this amount, $106,000 is paid in cash and $15,000 by signing a note payable b. Cash receipt from sale of land totals $27,000. There was no gain or loss adc. Cash receipts from issuance of common stock total $33,000. e d. Payment of note payable is $14,000 Payment of dividends is $10,000 e. f. From the balance sheet September 30 2018 2017 38,000 S 25,000 Cash 42,000 56,000 Accounts Receivable 89,000 82,000 Merchandise Inventory 62,000 89,000 Land 161,000 40,000 Plant Assets (56,000)(30,000) Accumulated Depreciation 15,000 33,000 Accounts Payable 21000 16,000 Accrued Liabilities 14,000 15,000 Notes Payable (long-term) Print Done September 30 2017 2018 25,000 S 38,000 Cash 56,000 42,000 Accounts Receivable 82,000 89,000 Merchandise Inventory 89,000 62,000 Land 161,000 40,000 Plant Assets (56,000) (30,000) Accumulated Depreciation 15,000 Accounts Payable 33,000 21,000 16,000 Accrued Liabilities 14,000 15,000 Notes Payable (long-term) Common Stock, no par 14,000 47,000 Retained Earnings 225,000 198,000 Print Done Score: 0 of 1 pt EQuestion Help E14B-31 (similar to) The income statement and additional data of Supplements Plus, Inc. follow statement) Click the icon to view the additional data) (Click the icon to view the income Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method (56,000) (30,000) Accumulated Depreciation-Plant Assets 62,000 89,000 Land S 336,000 S 262,000 Total Assets 15,000 33.000 Accounts Payable 16,000 21,000 Accrued Liabilities 15,000 14,000 Notes Payable 64,000 50,000 Total Liabilities 14,000 47,000 Common Stock, no par 225,000 98,000 Retained Earnings $ 336,000 262,000 Total Liabilities and Stockholders' Equity Panel B-Statement of Cash Flows: Cash Flows from Operating Activities. 2 Choose from any list or enter any number in the input fields and then click Check Answer. Clear AU Score: 0 of 1 pt Question Help * E14B-31 (similar to) The income statement and additional data of Supplements Plus, Inc. follow EEB Click the icon to view the income statoment)kClick the icon to view the aditional data) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method Panel B-Statement of Cash Flows: Cash Flows from Operating Activities Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Net Cash Provided by Operating Activities Cash Flows from Investing Activities (g1) Net Cash Used for Investing Activities Cash Flows from Financing Activities Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer Clear All All parts showing E14B-31 (similar to) -Question Help * The income statement and additional data of Supplements Plus, Inc. follow EB (Click the icon to view the income statement)kClick 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 Cash Flows from Investing Activities: (g1) Net Cash Used for Investing Activities Cash Flows from Financing Activities 0 Net Cash Used for Financing Activities Non-cash Investing and Financing Activities (g2) (g2) 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. Check Answer Clear All All parts showing