Please submit financial statements for 2021 for Company Co Landscaping, including a balance sheet, income statement, and statements of cash flows (operating, investing, financing) Trial Balance For the Years Ending December 31 2020 2021 ash operating 16,914 $79,275 Cash saving 26,300 $74,314 Cash - Loan Account- - 249,019 Account Receivable 73,325 15,092 Prepaid insurance 20,719 6,561 Account Payable (33,839) (448) Prepaid expense (69,8220 (21,762) Loan Payable (256,658) (617,275) Equity 335,016 337,429 Sales (410,000) (418,841) Land lease Income (3,000) (3000) Electric 4,500 5000 Water 5,000 5000 Water Reim Exp 500 500 Office expense 4,047 4,047 Legal 12,500 12,500 Accounting 500 500 Professional Fees 35,000 35,000 Bad Debt 500 500 Cost of Good Sold 80,000 80,000 Beautification/Dumpster 10,000 10,000 Fertilizing /Grass 5,000 5,000 Road Sign 1,000 1,500 Insect Mitigation 1,000 1,000 Tree/bush trimming 2,500 2,500 Tree/bush planting 5,000 5,000 Tree/bush removal 15,000 15,000 Mulch 5,000 5,000 Irrigation 750 750 Road Repairs/painting 1,000 1,000 Roofing 1,000 1,000 Sidewalk 2,500 2,500 Doors 1,000 1,000 Interior Repairs 2,500 2,500 Gutters 3,000 3,000 Siding 1,000 1,000 Garages 1,000 1,000 Windows 2,000 2,000 Electrical 15,000 15,000 Power washing/staining 12,000 12,000 Interest 7,748 3,273 All insurance policies 60,000 62,566 Misc 3000 3,000 Loan payment (10%) 77,478 77,478 Loan refinance 1/1/21 650,000

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12A: The Statement Of Cash Flows

Section: Chapter Questions

Problem 4P

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Please submit financial statements for 2021 for Company Co Landscaping, including a balance sheet, income statement, and statements of cash flows (operating, investing, financing)

Trial Balance For the Years Ending December 31
	2020	2021
ash operating	16,914	$79,275
Cash saving	26,300	$74,314
Cash - Loan Account-	-	249,019
Account Receivable	73,325	15,092
Prepaid insurance	20,719	6,561
Account Payable	(33,839)	(448)
Prepaid expense	(69,8220	(21,762)
Loan Payable	(256,658)	(617,275)
Equity	335,016	337,429
Sales	(410,000)	(418,841)
Land lease Income	(3,000)	(3000)
Electric	4,500	5000
Water	5,000	5000
Water Reim Exp	500	500
Office expense	4,047	4,047
Legal	12,500	12,500
Accounting	500	500
Professional Fees	35,000	35,000
Bad Debt	500	500
Cost of Good Sold	80,000	80,000
Beautification/Dumpster	10,000	10,000
Fertilizing /Grass	5,000	5,000
Road Sign	1,000	1,500
Insect Mitigation	1,000	1,000
Tree/bush trimming	2,500	2,500
Tree/bush planting	5,000	5,000
Tree/bush removal	15,000	15,000
Mulch	5,000	5,000
Irrigation	750	750
Road Repairs/painting	1,000	1,000
Roofing	1,000	1,000
Sidewalk	2,500	2,500
Doors	1,000	1,000
Interior Repairs	2,500	2,500
Gutters	3,000	3,000
Siding	1,000	1,000
Garages	1,000	1,000
Windows	2,000	2,000
Electrical	15,000	15,000
Power washing/staining	12,000	12,000
Interest	7,748	3,273
All insurance policies	60,000	62,566
Misc	3000	3,000
Loan payment (10%)	77,478	77,478
Loan refinance 1/1/21		650,000

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