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Wayzata Cleaning, Inc. Income Statement For the Month Ended September 30, 2015 Wayzata Cleaning, Inc. Balance Sheet September 30, 2015 17,000.00 30-Sep-15 31-Aug-15 Liabilities Service
Wayzata Cleaning, Inc. Income Statement For the Month Ended September 30, 2015 Wayzata Cleaning, Inc. Balance Sheet September 30, 2015 17,000.00 30-Sep-15 31-Aug-15 Liabilities Service Revenue Expenses Utility Expense Advertising Expense Miscellaneous Expense Salary Expense Rent Expense Depreciation Expense Insurance Expense Supplies Expense Total Expenses Net Income 30-Sep-15 31-Aug-15 S 16,600.00 $ 6,000.00 Cash Account receivables Supplies Prepaid Rent Prepaid Insurance 54,750.00 S 59,150.00 Account Payables 300.00 6,500.00 S Salary Payable 400.00$ $6,500.00 6,000.00 Unearned Service Revenue $7,000.00 $ $7,500.00 S 5 1,100.00 $ 76,350.00 $65,150.00 Equity Total Current Liabilities 24,000.00 6,000.00 8,400.00 1,500.00 450.00 100.00 500.00 $11,250.00 5,750.00 Total CA $ 78,000.00 $ 60,000.00 3,900.00 (850.00) 81,900.00 $59,150.00 Common Stock 12,000.00 S 200.00)S 18,000.00 S (250.00) Retained Earnings Cleaning Equipment Accumulated Depreciation Eqp Truck Accumulated Depreciation Truck Total Equity 29,550.00 $ 105,900.00 $65,150.00 Total Debt+Equity Total FA Total Assets 105,900.00 $65,150.00 Wayzata Cleaning, In. Statement of Retained Earnings For the Month Ended September 30, 2015 Beginning Retained Earnings Net Income (850.00) 5,750.00 4,900.00 1,000.00 3,900.00 Total Dividends Ending Retained Earnings Using the information from previous comprehensive cases, prepare the statement of cash flows for Wayzata Clening, Inc, For the cash flows from operating activities, use the indirect method. Wayzata Inc Statement of Cash Flow For the Month Ended September 30, 2015 Cash Flows From Operating Activities Net Cash Flows from Operating Activities Cash Flows From Investing Activities Net Cash Flows from Investing Activities Cash Flows From Financing Activities Net Cash Flows from Financing Activities Net increase (decrease]) in cash during the year Beginning Cash balance Ending Cash balance
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