Question: #4.13 please help me finish the balance sheet and statement of cash flows Required information [The following information applies to the questions displayed below] The
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Required information [The following information applies to the questions displayed below] The following transactions pertain to Smith Training Company for Year 1 : January 30 Established the business when it acquired $52,000 cash from the issue of conmon stock. February 1 Paid rent for office space for two years, $24,000 cash. April 10 Purchased $810 of supplies on account. July 1 Received $25, 100 cash in advance for services to be provided over the next year. July 20 Paid $608 of the accounts payable from April 10. August 15 Billed a customer $9,100 for services provided during August. September 15 completed a job and received $2,700 cash for services rendered. october 1 Paid employee salaries of $37,500 cash. october 15 Received $8,000 cash from accounts receivable. November 16 Billed customers $34,500 for services rendered on account. December 1 Paid a dividend of 5800 cash to the stockholders. December 31 Adjusted records to recognize the services provided on the contract of July 1. December 31 Recorded $2,400 of accrued salaries as of December 31 . December 31 Recorded the rent expense for the year. (See February 1.) December 31 Physically counted supplies; $50 was on hand at the end of the period. d. Prepare the income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Note: Statement of Cash Flows only, enter any decreases to account balances and cash outflows with a minus sign. (1) Required information 1 Required information \begin{tabular}{|c|c|c|c|c|} \hline Common stock & $ & 52,000 & & \\ \hline \multirow[t]{2}{*}{ Retained earnings } & & 6,340 & & \\ \hline & & 0 & & \\ \hline Total stockholders' equily & & & & 58,340 \\ \hline Total llabilities and stockholders' equity & & & $ & 60,942 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ SMITH TRAINING COMPANY } \\ \multicolumn{1}{|c|}{ Statement of Cash Flows } & \\ \hline Cash flows from operating activities: & & \\ \hline & & \\ \hline & & $ \\ \hline Net cash flows from operating activities & & \\ \hline Cash flows from investing activities & & \\ \hline Cash flows from financing activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from financing activities & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}
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