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Statement of Cash FlowsIndirect Method Please show all work Statement of Cash Flows Prime Sports Gear, Inc. Work Sheet for Statement of Cash Flows For
Statement of Cash FlowsIndirect Method
Please show all work
Statement of Cash Flows Prime Sports Gear, Inc. Work Sheet for Statement of Cash Flows For Year Ended December 31, 2013 Analysis of Transactions for Year Ended 12/31/2013 Account Balance 12/31/12 Account Balance 12/31/13 Debit Credit 39,600 112,215 210,930 10,875 315,000 688,620 0 0 0 Debits Cash Accounts receivable Merchandise inventory Prepaid expenses Plant assets Total Credits Accumulated depreciation Accounts payable Salaries payable Bonds payable Common stock, $20 par Additional paid-in capital Retained earnings Total 90,000 59,220 30,000 105,000 210,000 22,500 171,900 688,620 0 0 0 0 0 0 Operating Activities Summary 0 Investing Activities 0 Financing Activities 0 Noncash Investing & Financing 0 0 Change in cash 0 0 0 Statement of Cash Flows Prime Sports Gear, Inc. Work Sheet for Statement of Cash Flows For Year Ended December 31, 2013 Analysis of Transactions for Year Ended 12/31/2013 Account Balance 12/31/12 Account Balance 12/31/13 Debit Credit 39,600 112,215 210,930 10,875 315,000 688,620 0 0 0 Debits Cash Accounts receivable Merchandise inventory Prepaid expenses Plant assets Total Credits Accumulated depreciation Accounts payable Salaries payable Bonds payable Common stock, $20 par Additional paid-in capital Retained earnings Total 90,000 59,220 30,000 105,000 210,000 22,500 171,900 688,620 0 0 0 0 0 0 Operating Activities Summary 0 Investing Activities 0 Financing Activities 0 Noncash Investing & Financing 0 0 Change in cash 0 0 0Step by Step Solution
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