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The Kobe Company was founded on January 1, 2017; since then, the company has been fairly successful; however, in an effort to save some money,

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The Kobe Company was founded on January 1, 2017; since then, the company has been fairly successful; however, in an effort to save some money, the president has been keeping track of the financial records rather than hiring a professional accountant. Although some data is missing, a comparative report of year-end account balances appears below, all numbers are as of December 31st unless noted otherwise. 2020 2019 Dividends 3,400 2,500 Retained earnings, Jan. 1 ? ? Revenues 465,806 421,619 Notes payable ? 18,700 Accounts payable 14,089 12,765 Selling and administrative expenses 15,945 15,392 Rent expense ? 92,713 Common stock 40,500 38,000 Payroll expense 358,416 305,246 Cash 14,342 16,489 Equipment 64,513 57,937 Retained earnings, Dec. 31 22,192 22,267 Supplies 1,210 890 Accounts receivable 18,612 ? 1 Prepare an income statement, statement of retained earnings and a balance sheet for each year and determin the missing values. During January of 2021, the company had the following transactions: Jan. 1 Owner invested another $14,000 into the company Jan. 2 Purchased $8,100 of equipment Jan. 3 Paid $250 for advertising Jan. 6 Purchased $400 of supplies on account Jan. 10 Paid rent of $8,000 Jan. 14 Sold services to customers for $52,400 Jan. 18 Borrowed $4,500 from a bank Jan. 24 Paid employee payroll of $4,400 Jan. 26 Received a $300 utility bill for January, will be paid next month Jan. 31 A $680 dividend is paid to the owner Jan. 31 Paid employee payroll of $14,000 Prepare a tabular analysis for January, record the transactions and then prepare a statement of cash flows, income statement, statement of retained earnings and balance for the company. Using the prior information: What amount of beginning retained earnings should the company report in its 2019 financial statements? What amount of accounts receivable should the company report in its 2019 financial statements? What amount of beginning retained earnings should the company report in its 2020 financial statements? What amount of notes payable should the company report in its 2020 financial statements? What amount of rent expense should the company report in its 2020 financial statements? Enter as a positive number. What were the company's cash flows for operating activities for January 2021? Use a positive number to indicate an overall (i.e. net) inflow or a negative number to indicate an overall outflow. What were the company's cash flows for investing activities for January 2021? Use a positive number to indicate an overall (i.e. net) inflow or a negative number to indicate an overall outflow. What were the company's cash flows for financing activities for January 2021? Use a positive number to indicate an overall (i.e. net) inflow or a negative number to indicate an overall outflow. What was the company's net income for January 2021? What was the company's ending cash balance for January 2021? What was the company's ending accounts receivable balance for January 2021?? What was the company's ending supplies balance for January 2021? What was the company's equipment balance for January 2021? What was the company's ending accounts payable balance for January 2021? What was the company's ending notes payable balance for January 2021? What was the company's ending retained earnings balance for January 2021

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