P4-4A. Preparing the Financial Statements Listed below are items reported on the financial statements of the Huntington Company as of June 30: $17,500 Cash flow provided by operating activities ... $21,000 Cash, beginning-of-year.. Cash, end-of-year.... Inventory...... Accounts receivable... Cash flow from investing activities Other current assets..... Property, plant and equipment . Other long-term assets.. Cash flow from financing activities... 1,300 Current liabilities... Long-term liabilities. Intangible assets. .. Common stock .. Retained earnings 9,000 22,000 18,250 9,500 51,000 16,000 5,500 12,200 (15,300) 1,500 ? 40,000 REQUIRED Prepare a classified balance sheet as of June 30 and statement of cash flows for the current year.
Listed below are items reported on the financial statements
of the Huntington Company as of June 30:
Cash flow provided by operating activities .. .
Cash, beginning-of-year ................ .
Cash, end-of-year ..................... .
Inventory ............................ .
Cash flow from investing activities ........ .
Other current assets ................... .
Property, plant and equipment ........... .
REQUIRED
$21,000
9,000
16,000
5,500
12,200
(15,300)
1,500
40,000
Other long-term assets ............ $17,500
Cash flow from financing activities . . . 1,300
Current liabilities. . . . . . . . . . . . . . . . . 22,000
Long-term liabilities......... . ..... 18,250
Intangible assets. . . . . . . . . . . . . . . . . 9,500
Common stock ............ . ..... 51,000
Prepare a classified
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