Use the following financial statements and additional information.
Journal entry worksheet Reconstruct the journal entry for cash receipts from customers, incorporating the change in the related balance sheet account(s), if any. Note: Enter debits before credits. Date Account Title Debit Credit Jun 30 Record entry Clear entry View general journal Journal entry worksheet Reconstruct the journal entry for cash payments for inventory, incorporating the change in the related balance sheet account(s), if any. Note: Enter debits before credits. Account Title Debit Credit Date Jun 30 Record entry Clear entry View general journal Journal entry worksheet Reconstruct the journal entry for cash paid for operating expenses, incorporating the change in the related balance sheet account(s), if any. Note: Enter debits before credits. Date Account Title Debit Credit Jun 30 Record entry Clear entry View general journal Reconstruct the journal entry for the sale of equipment at a gain, incorporating the change in the related balance sheet account(s), if any. Note: Enter debits before credits. Account Title Debit Date Jun 30 Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 6 7 8 13 ..... Reconstruct the journal entry for income taxes expense, incorporating the change in the related balance sheet account(s), if any. Note: Enter debits before credits. Account Title Debit Credit Date Jun 30 Record entry Clear entry View general journal Journal entry worksheet Journal entry worksheet Reconstruct the entry for the purchase of new equipment. Note: Enter debits before credits. Date Account Title Debit Credit Jun 30 Record entry Clear entry View general journal Journal entry worksheet Journal entry worksheet 1 ..... 5 6 7 8 8 9 10 13 IEEE > Close all revenue and gain accounts to income summary. Note: Enter debits before credits. Account Title Debit Credit Date Jun 30 Record entry Clear entry View general journal Journal entry worksheet Close all expense accounts to income summary. Note: Enter debits before credits. Account Title Debit Credit Date Jun 30 Record entry Clear entry View general journal Journal entry worksheet 1 ... 6 7 8 9 10 11 12 13 > Close Income Summary to Retained Earnings. Note: Enter debits before credits. Date Account Title Debit Credit Jun 30 Record entry Clear entry View general joumal Requirement General Ledger > Journal entry worksheet KENDALL INC. Statement of Cash Flows (Direct Method) For Year Ended June 30, 2019 Cash flows from operating activities: Cash flows from investing activities: Cash flows from financing activities: Requirement General General Journal Indirect Ledger Trial Balance Direct Method Method Prepare the operating activities section of the statement of cash flows using the indirect method. E reductions to net cash provided by operating activities as negative values. Unadjusted KENDALL INC. Statement of Cash Flows (Indirect Method) For Year Ended June 30, 2019 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities:
