z er e Problem 6-2 From the following information for Becca's Boats, Inc., prepare a Statement of Cash Flows for the year ended December 31, 20X1. Cash Accounts Receivable Inventory Prepaid Insurance Equipment Accumulated Depreciation Land Security Deposits Accounts Payable Wages Payable Rent Payable Interest Payable Taxes Payable Note Payable Common Stock ($1 each) Retained Earnings Interest Expense Income Tax Expense 107 36 AMGE Balance 12/31/X1 900. OLO DOL Sales Cost of Goods Sold Wage Expense Rent Expense Office Expenses Depreciation Expense Advertising Expenses 000 Insurance Expense 0:00 144,500 68,000 80,000 2,000 320,000 75,000 120,000 0904 12,000 900 000 45,000 6,000 7,500 6,500 32,000 130,000 300,000 144,500 1,120,000 575,000 240,000 24,000 60,000 35,000 15,000 7,500 13,500 65,000 000.0 Balance 12/31/X0 45,000 45,000 100,000 3,000 250,000 40,000 11,000 35,000 10,000 6,000 8,000 5,000 140,000 160,000 50,000 10-ogrop 1 pustsorgsti bolisimpussy Grisogod vienfood stanys ins Foldave 4 20701 90 Taldiselam (0) 12) 2012 form ennimed boniss blo? about todi m dans (2990403 300 sanoqghabosiseng (T 9A03 The equipment was acquired on September 30, 20X1 for cash. The additional common stock was sold on June 30, 20X1 for $1 per share. The company did not sell any equipment during the purchased during the year was purchased for cash. The retained earnings balance for both years is after year. The land all closing entries have been made. Dividends? The Note Payable requires payments of $10,000 principal plus interest at 10% on June 30th of each year. 152

From the following information for Becca's Boats, Inc., prepure a Statement of Cash Flows for the year ended December 31, 20X1. The equipment was acquired on September 30,20X1 for cash. The additional common stock was sold on June 30, 20X1 for \$1 per share. The company did not sell any equipment during the year. The land purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. Dividends? The Note Payable requires payments of $10,000 principal plus interest at 10% on June 30th of each year. Problem 6-2 From the following information for Becca's Boats, Inc., prepare a Statement of Cash Flows for the year ended December 31, 20X1. The equipment was acquired on September 30,20X1 for cash. The additional common stock was sold on June 30,20X1 for $1 per share. The company did not sell any equipment during the year. The land purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. Dividends? The Note Payable requires payments of $10,000 principal plus interest at 10% on June 30th of each year. From the following information for Becca's Boats, Inc., prepure a Statement of Cash Flows for the year ended December 31, 20X1. The equipment was acquired on September 30,20X1 for cash. The additional common stock was sold on June 30, 20X1 for \$1 per share. The company did not sell any equipment during the year. The land purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. Dividends? The Note Payable requires payments of $10,000 principal plus interest at 10% on June 30th of each year. Problem 6-2 From the following information for Becca's Boats, Inc., prepare a Statement of Cash Flows for the year ended December 31, 20X1. The equipment was acquired on September 30,20X1 for cash. The additional common stock was sold on June 30,20X1 for $1 per share. The company did not sell any equipment during the year. The land purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. Dividends? The Note Payable requires payments of $10,000 principal plus interest at 10% on June 30th of each year