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The following informstion wss drown from the recoros of Bennett Company: conmon stetk hsuld cash how inot inverthe activitses Wotes pyabic ( endins ? semice
The following informstion wss drown from the recoros of Bennett Company: conmon stetk hsuld cash how inot inverthe activitses Wotes pyabic endins semice hevarue other bpenteing tepetset salany cxpente Anterest pryoble endane Comiton stock beginnine cash flow froh operating actwitices cash begannthe paid tash to niduce aecounts paysblo Rctained carnings Gedinding cash flow from insincing activitics Accounts payable cheing bividends cash onding Account: cocelvabic endina Interrest cxpente Acerucd shianict payable chding Lard conding ces abe didac dod Required: a Use the sppropritie accounts and balances from Bennett Company to consuruct on end of period income statement, o statement of changes in stockholders equ, oblance sheet, and a statement of cash flows. b Assume all revenue was recognized on occount Determine the beginning occounts receivable balance. c Assume the accounts payable account is associated with other opercting expenses and that all other operating expenses are incurred on sccount. Determine the beginning occounts poysble belence. Complete this question by entering your answers in the tabs below. Ret en Rat
The following informstion wss drown from the recoros of Bennett Company:
conmon stetk hsuld
cash how inot inverthe activitses
Wotes pyabic endins
semice hevarue
other bpenteing tepetset
salany cxpente
Anterest pryoble endane
Comiton stock beginnine
cash flow froh operating actwitices
cash begannthe
paid tash to niduce aecounts paysblo
Rctained carnings Gedinding
cash flow from insincing activitics
Accounts payable cheing
bividends
cash onding
Account: cocelvabic endina
Interrest cxpente
Acerucd shianict payable chding
Lard conding
ces
abe
didac
dod
Required:
a Use the sppropritie accounts and balances from Bennett Company to consuruct on end of period income statement, o statement of changes in stockholders equ, oblance sheet, and a statement of cash flows.
b Assume all revenue was recognized on occount Determine the beginning occounts receivable balance.
c Assume the accounts payable account is associated with other opercting expenses and that all other operating expenses are incurred on sccount. Determine the beginning occounts poysble belence.
Complete this question by entering your answers in the tabs below.
Ret
en
Rat
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