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Assets Liabilities + Yüzu: Accounting (72) Prepare A Cash Flow Statement | Indirect Methc Owner's Equity Seth Seth Accounts Accounts + Receivable + Supplies = Payable + Capital - Drawing + Feye, Feye, Fees Earned Salaries Rent Auto Expense - Expense - Expense - Expense - Expense Cash Supplies Misc. a. +50,000 +50,000 b. +7,000 +7,000 Bal. 50,000 7,000 7,000 50,000 C. -3,600 -3,600 Bal. 46,400 7,000 3,400 50,000 d. +110,000 +110,000 Bal. 156,400 7,000 3,400 50,000 110,000 e. -33,000 -33,000 Bal. 123,400 7,000 3,400 50,000 110,000 -33,000 f. -20,800 -16,000 -4,800 Bal, 102,600 7,000 3,400 50,000 110,000 -33,000 -16,000 -4,800 g. -55,000 -55,000 Bal. 47,600 7,000 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,800 h. -4,500 -4,500 Bal. 47,600 2,500 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,500 -4,800 i. +34,500 + 34,500 Bal. 47,600 34,500 2,500 3,400 50,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 j. -15,000 -15,000 Bal. 32,600 34,500 2,500 3,400 50,000 -15,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 Instructions 1. Prepare an income statement for the month ended July 31, 20Y2. 2. Prepare a statement of owner's equity for the month ended July 31, 20Y2. 3. Prepare a balance sheet as of July 31, 20Y2. 4. (Optional) Prepare a statement of cash flows for the month ending July 31, 20Y2.

Assets Liabilities + Yüzu: Accounting (72) Prepare A Cash Flow Statement | Indirect Methc Owner's Equity Seth Seth Accounts Accounts + Receivable + Supplies = Payable + Capital - Drawing + Feye, Feye, Fees Earned Salaries Rent Auto Expense - Expense - Expense - Expense - Expense Cash Supplies Misc. a. +50,000 +50,000 b. +7,000 +7,000 Bal. 50,000 7,000 7,000 50,000 C. -3,600 -3,600 Bal. 46,400 7,000 3,400 50,000 d. +110,000 +110,000 Bal. 156,400 7,000 3,400 50,000 110,000 e. -33,000 -33,000 Bal. 123,400 7,000 3,400 50,000 110,000 -33,000 f. -20,800 -16,000 -4,800 Bal, 102,600 7,000 3,400 50,000 110,000 -33,000 -16,000 -4,800 g. -55,000 -55,000 Bal. 47,600 7,000 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,800 h. -4,500 -4,500 Bal. 47,600 2,500 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,500 -4,800 i. +34,500 + 34,500 Bal. 47,600 34,500 2,500 3,400 50,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 j. -15,000 -15,000 Bal. 32,600 34,500 2,500 3,400 50,000 -15,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 Instructions 1. Prepare an income statement for the month ended July 31, 20Y2. 2. Prepare a statement of owner's equity for the month ended July 31, 20Y2. 3. Prepare a balance sheet as of July 31, 20Y2. 4. (Optional) Prepare a statement of cash flows for the month ending July 31, 20Y2.

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter1: Accounting And The Financial Statements
Section: Chapter Questions
Problem 50E: Exercise 1-50 Statement of Cash Flows OBJECTIVE o Walters Inc. began operations on January I. 2019....
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A reader.yuzu.com Due Dates Fall 2021 - Google Sheets Yuzu: Accounting Assets = Liabilities+ Owner's Equity (72) Prepare A Cash Flow Statement | Indirect Method - YouTube Seth Seth Accounts Accounts + Receivable + Supplies = Payable + Capital - Drawing + Feye, Feye, Fees Earned Salaries Rent Auto - Expense - Expense - Expense - Expense - Expense Cash Supplies Misc. a. +50,000 +50,000 b. +7,000 +7,000 Bal. 50,000 7,000 7,000 50,000 C. -3,600 -3,600 Bal. 46,400 7,000 3,400 50,000 d. +110,000 +110,000 156,400 -33,000 Bal. 7,000 3,400 50,000 110,000 е. -33,000 Bal. 123,400 7,000 3,400 50,000 110,000 -33,000 f. -20,800 -16,000 -4,800 Bal. 102,600 7,000 3,400 50,000 110,000 -33,000 -16,000 -4,800 g. -55,000 -55,000 Bal. 47,600 7,000 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,800 h. -4,500 -4,500 Bal. 47,600 2,500 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,500 -4,800 i. +34,500 + 34,500 Bal. 47,600 34,500 2,500 3,400 50,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 j. -15,000 -15,000 Bal. 32,600 34,500 2,500 3,400 50,000 -15,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 Instructions 1. Prepare an income statement for the month ended July 31, 20Y2. 2. Prepare a statement of owner's equity for the month ended July 31, 20Y2. 3. Prepare a balance sheet as of July 31, 20Y2. 4. (Optional) Prepare a statement of cash flows for the month ending July 31, 20Y2. MacBook Pro
Transcribed Image Text:A reader.yuzu.com Due Dates Fall 2021 - Google Sheets Yuzu: Accounting Assets = Liabilities+ Owner's Equity (72) Prepare A Cash Flow Statement | Indirect Method - YouTube Seth Seth Accounts Accounts + Receivable + Supplies = Payable + Capital - Drawing + Feye, Feye, Fees Earned Salaries Rent Auto - Expense - Expense - Expense - Expense - Expense Cash Supplies Misc. a. +50,000 +50,000 b. +7,000 +7,000 Bal. 50,000 7,000 7,000 50,000 C. -3,600 -3,600 Bal. 46,400 7,000 3,400 50,000 d. +110,000 +110,000 156,400 -33,000 Bal. 7,000 3,400 50,000 110,000 е. -33,000 Bal. 123,400 7,000 3,400 50,000 110,000 -33,000 f. -20,800 -16,000 -4,800 Bal. 102,600 7,000 3,400 50,000 110,000 -33,000 -16,000 -4,800 g. -55,000 -55,000 Bal. 47,600 7,000 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,800 h. -4,500 -4,500 Bal. 47,600 2,500 3,400 50,000 110,000 -55,000 -33,000 -16,000 -4,500 -4,800 i. +34,500 + 34,500 Bal. 47,600 34,500 2,500 3,400 50,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 j. -15,000 -15,000 Bal. 32,600 34,500 2,500 3,400 50,000 -15,000 144,500 -55,000 -33,000 -16,000 -4,500 -4,800 Instructions 1. Prepare an income statement for the month ended July 31, 20Y2. 2. Prepare a statement of owner's equity for the month ended July 31, 20Y2. 3. Prepare a balance sheet as of July 31, 20Y2. 4. (Optional) Prepare a statement of cash flows for the month ending July 31, 20Y2. MacBook Pro
Relance Financial Seruce ah Stalement of Cash Flows For the Monthn Ended July 31,2012 Cash flows from lused For) opereting actuties: Cash received from customers... Cash paid for expenses Net cash flows from Cashflows from Lused for) investine B144.500 (113.000) activities. $31,500 activities: yments for purchase of supplies (4,500) cash Cash flows' from(usca for) Ananang Seth Feyo Capitl... pays actiuties. 530,000 l15.000) seth Feye Drang cashfions Yram Ananangacnumes ?. $35.000 C Net Net decrease in cash Cash balance July 1.20Y2 Cash balance July 31 2012 $66.500
Transcribed Image Text:Relance Financial Seruce ah Stalement of Cash Flows For the Monthn Ended July 31,2012 Cash flows from lused For) opereting actuties: Cash received from customers... Cash paid for expenses Net cash flows from Cashflows from Lused for) investine B144.500 (113.000) activities. $31,500 activities: yments for purchase of supplies (4,500) cash Cash flows' from(usca for) Ananang Seth Feyo Capitl... pays actiuties. 530,000 l15.000) seth Feye Drang cashfions Yram Ananangacnumes ?. $35.000 C Net Net decrease in cash Cash balance July 1.20Y2 Cash balance July 31 2012 $66.500
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