Template - ACC 213 Lab 10 for Chapter 12.xlsx G Lab - Chapter 12 Statement of Cash Flows Name Instructions: 1. Calculate the year over year difference in columnD, then whether the change was an increase" or "decrease" (se Cash ample) 2. Using the Indirect Method for Operating Activities, complete the Statement of Cash Flows at the bottom of the fie Additional Data Astume al transactions are for en una oferite noted Fopment in PPE is sold for $7500 cash. No purchases of PPE are made Cost of equipment sold 25,000 AccuWed depreciation on coupant sold 15.000 Dividends declared and paid in Current you 3,700 Balance Sheets as of Dec. 31st Current Previous Difference increase or Income statement Year Decrease? Assets ses Revenue Current Assets Cost of goods sold Cash 32.500 37.500 5.000 de Gross Margin Account Receivable 32.150 38.000 res Receivable 150 100 Operating expenses Merchandise Viventory 52.000 42,750 Borsene Prodent 9560 10.500 Ratpense Previous Current Year 315.000 141.750 123.000 24.000 Next Dashboard Calendar To Do Notifications Inbox Template - ACC 213 Lab 10 for Chapter 12.xlsx G Prepaid Rent Total current assets 9.550 10.500 127,150 128.50 24,000 5,750 8.500 181 250 12.000 Long-term Assets Notes Receivable) Property Parts Equipment (PPE) Less: Accumulated Depreciation Total long-term assets Total Assets 20.000 125.000 (19.000) 120.000 0 150,000 (25.500) 124.500 Rent expense Insurance expense Deprecision expense Total expenses Income from operations Other revenue expense Pe Gain on sale of Equipment (PPE) Plus Interest revenue Less Interest pense Total Net Income 12.500 150 2.250 4.6001 7,400 253,150 253.350 Liabilities and Shareholder's Equity Current Liabilities Accounts Payable merchandise suppliers Sataries Payable Und Revenue eros payable Total current liabilities Long term liabilities 5.700 3.400 11,000 350 20.450 14.200 7.500 10.000 500 32.200 Previous Next Dashboard al Calendar To Do Notifications Inbox Template - ACC 213 Lab 10 for Chapter 12.xlsx 15.000 5.000 20.000 40.450 12.450 15.000 21.450 509860 Long-term liabilities Nobes Payable (due in 5 years) Bonds Payable (due in 10 years) Total long-term liabilities Total liabilities Shareholder's quity Common stock $10 Madonal Paid in Capital Retained rings Total stockholder's equity Total Liabilities plus stockholder's equity 70.000 80.000 115.000 109.700 27700 24.000 212.700 193,700 253,150 253.350 Good Student Company Statement of Cash Flow Indirect Method) December 31, 20XX Operating Activities Previous Next Dashboard al Calendar To Do Notifications Inbox Template - ACC 213 Lab 10 for Chapter 12.xlsx Operating Activities Net Cash Flow from Operating Activities Investing Activities: Net Cash Flow from investing Activities Previous Next Dashboard al Calendar To Do Notifications Inbox Template - ACC 213 Lab 10 for Chapter 12.xlsx Ner cas Fiowom paranng Des Investing Activities: Net Cash Flow from Investing Activities Financing Activities Net Cash Flow from Financing Activities Reconciliation Ned Orange in casa Asd Beginning Cash Bence Ending Cash Balance Previous Next Dashboard al Calendar To Do Notifications Inbox
