Create a statement of cash flow. The financial statements for the JHJ Book Store are as follows:
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The financial statements for the JHJ Book Store are as follows: INCOME STATEMENT Sales Cost of Books Sold Gross Profit Operating Expenses Depreciation Net Income Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Investment in IBM Stock Total Assets Accounts Payable Long Term Bond Payable Total Liabilities Common Stock Retained Earnings Total Stockholders Total Liabilities + Stockholders Equity 200,000 50,000 2013 BALANCE SHEET 2013 I 2012 100,000 125,000 150,000 100,000 (25,000) 450.000 100,000 0 100.000 50,000 300,000 350,000 450.000 1,000,000 400,000 600,000 250.000 350,000 2013 300,000 200,000 100,000 475,000 (75,000) 200,000 1.200.000 300,000 250,000 550.000 100,000 550,000 650.000 1.200,000 The financial statements for the JHJ Book Store are as follows: INCOME STATEMENT Sales Cost of Books Sold Gross Profit Operating Expenses Depreciation Net Income Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Investment in IBM Stock Total Assets Accounts Payable Long Term Bond Payable Total Liabilities Common Stock Retained Earnings Total Stockholders Total Liabilities + Stockholders Equity 200,000 50,000 2013 BALANCE SHEET 2013 I 2012 100,000 125,000 150,000 100,000 (25,000) 450.000 100,000 0 100.000 50,000 300,000 350,000 450.000 1,000,000 400,000 600,000 250.000 350,000 2013 300,000 200,000 100,000 475,000 (75,000) 200,000 1.200.000 300,000 250,000 550.000 100,000 550,000 650.000 1.200,000
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
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