Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The income statement and additional data of Vitamins Plus, Inc. follow. Prepare the spreadsheet for the 2016 statement of cash flows. Format cash flows from

The income statement and additional data of Vitamins Plus, Inc. follow. Prepare the spreadsheet for the 2016 statement of cash flows. Format cash flows from operating activites by the indirect method.

image text in transcribed

image text in transcribed

image text in transcribedimage text in transcribed

The income statement and additional data of Vtamins Plus, Inc. fellow. (Click the icon to view the income statement )(Click the icon to view the additional data Prepare the spreadsheet for the 2016 statement of cash flows Farmat cash flows from operating activities by the indirect method Use the transaction refrrences in Panel B when salecting tha transaction referencas in Panal A (If a box is nat usnd in the spreadshoet lea the bax empty, do not select a label or enter a zera Da not chock yaur answer until both Panel A and Panal B have been complated) itamins Plus, Inc. Spreadshcet for Statement of Cash Flows Year Ended September 30, 2016 Balance 91302015 $ 6,000 Transaction Analysis Balance Panel A Balance Shert: DERIT CREDIT 9/3007016 Cash Accounts Receivable Merchandise Inventory Plant Assets 3 34,000 51,0D0 95,000 171,000 61,010 8,000 Accumulated Depraciation-Plant Assets Laand Total Assets 34,000 113,000 5 289,000 (56,000) 04,000 5 3T9,000 Arcounts Payable Accrued Liabilties Notes Payable Tolal Liabilities 23,000 26,000 0,000 59,000 36. 000 1,000 11,000 64.000 Common Stock, no par Retaned Earrings Total Liabilities and Stockholders Equity 4,000 226,000 S 289,000 30,000 285 0D0 379,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Energy Audit Of Building Systems An Engineering Approach

Authors: Moncef Krarti

2nd Edition

1439828717, 978-1439828717

More Books

Students also viewed these Accounting questions

Question

Different kinds of productive and nonproductive roles in teams.

Answered: 1 week ago

Question

2. What potential barriers would you encourage Samuel to avoid?

Answered: 1 week ago