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(show the calculation please ) Using the given template formats, assuming 2020 is the company's first year in business. Using the information in the adjusted
(show the calculation please )
Using the given template formats, assuming 2020 is the company's first year in business.
Using the information in the adjusted trial balance 2020 & 2021, prepare the statement of financial position for the years ending December 31, 2020 & 2021 , the statement of cash flows for the year ending December 31, 2021
\begin{tabular}{l} Statement of Financial Position \\ \hline As at December 31,2020&2021 \end{tabular} LIABILITIES AND SHAREHOLDERS' Current liabilities: Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EC Net cash provided (used) by operating activitiess Cash flows from investing activities: Net cash provided (used) by investing activities Cash flows from financing activities: Net cash provided (used) by financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year \begin{tabular}{l} Statement of Financial Position \\ \hline As at December 31,2020&2021 \end{tabular} LIABILITIES AND SHAREHOLDERS' Current liabilities: Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EC Net cash provided (used) by operating activitiess Cash flows from investing activities: Net cash provided (used) by investing activities Cash flows from financing activities: Net cash provided (used) by financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year
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