Bb Chapter 4 Homework Assignme Question 1 - Chapter 4 Homew > 4 Hour Study Music: to Hel X Dashboard C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252FC.. Update : Chapter 4 Homework Assignment Saved Help Save & Exit Submit Check my work The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. 16.66 points Data for Hopkins CPAs 1. Borrowed $98,100 from the bank to start the business. eBook 2. Provided $65,400 of services to clients and collected $54,500 cash. 3. Paid salary expense of $34,880. Hint Data for Sports Clothing Print 1. Borrowed $98,100 from the bank to start the business. P. Purchased $65,400 inventory for cash. 3. Inventory costing $28,340 was sold for $54,500 cash. 4. Paid $8,720 cash for operating expenses References Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Hopkins Inc Hopkins Bal Hopkins Cash Sports Inc Sports Bal Sports Cash Stemt Sheet Flows Stmt Stmt Sheet Flows Stm Prepare an income statement for Hopkins CPAs. HOPKINS CPAS Income Statement For the Year Ended December 31, Year 1 Revenue Expenses Hopkins Inc Stmt Hopkins Bal Sheet > Bb Chapter 4 Homework Assignmx Question 1 - Chapter 4 Homew x 4 Hour Study Music: to Hel X Dashboard C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252FC... Update : Chapter 4 Homework Assignment Saved Help Save & Exit Submit Check my work The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. 16.66 Data for Hopkins CPAs points 1. Borrowed $98,100 from the bank to start the business. 2. Provided $65,400 of services to clients and collected $54,500 cash. 3. Paid salary expense of $34,880. Bao Data for Sports Clothing Hint 1. Borrowed $98,100 from the bank to start the business. 2. Purchased $65,400 inventory for cash. Print 3. Inventory costing $28,340 was sold for $54,500 cash. 4. Paid $8,720 cash for operating expenses. References Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Hopkins Inc Hopkins Bal Hopkins Cash Sports Inc Sports Bal Sports Cash Start Sheet Flows Stmt Sumt Sheet Flows Stmt Prepare a balance sheet for Hopkins CPAS. HOPKINS CPAS Balance Sheet As of December 31, Year 1 Assets Total assets Liabilities Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity Grav Bb Chapter 4 Homework Assignmx Question 1 - Chapter 4 Homew x 4 Hour Study Music: to Hel X Dashboard C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252FC... Update : Chapter 4 Homework Assignment Saved Help Save & Exit Submit Check my work The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. 16.66 Data for Hopkins CPAs points 1. Borrowed $98,100 from the bank to start the business. 2. Provided $65,400 of services to clients and collected $54,500 cash. 3. Paid salary expense of $34,880. Bao Data for Sports Clothing Hint 1. Borrowed $98,100 from the bank to start the business. 2. Purchased $65,400 inventory for cash. Print 3. Inventory costing $28,340 was sold for $54,500 cash. 4. Paid $8,720 cash for operating expenses. References Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Hopkins Inc Hopkins Bal Hopkins Cash Sports Inc sports Bal Sports Cash Start Sheet Flows Stmt Sumit Sheet Flows Stmt Prepare a statement of cash flows for Hopkins CPAS. (Cash outflows should be indicated with a minus sign.) HOPKINS CPAS Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities Ending cash balance Gray Bb Chapter 4 Homework Assignme Question 1 - Chapter 4 Homew x 4 Hour Study Music: to Hel X Dashboard C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252FC.. Update : Chapter 4 Homework Assignment Saved Help Save & Exit Submit Check my work The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. 16.66 Data for Hopkins CPAs points 1. Borrowed $98,100 from the bank to start the business. 2. Provided $65,400 of services to clients and collected $54,500 cash. 3. Paid salary expense of $34,880. cBook Data for Sports Clothing Hint 1. Borrowed $98,100 from the bank to start the business. 2. Purchased $65,400 inventory for cash. Print 3. Inventory costing $28,340 was sold for $54,500 cash. 4. Paid $8,720 cash for operating expenses. References Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Hopkins Inc Hopkins Bal Hopkins Cash Sports Inc Sports Bal Sports Cash Stmt Sheet Flows Stmt Sumt Sheet Flows Stmt Prepare an income statement for Sports Clothing SPORTS CLOTHING Income Statement For the Year Ended December 31, Year 1 Expenses Grav Prey 1 of 6 Next >Bb Chapter 4 Homework Assignme Question 1 - Chapter 4 Homew x 4 Hour Study Music: to Hel X Dashboard C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252FC.. Update : Chapter 4 Homework Assignment Saved Help Save & Exit Submit Check my work The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. 16.66 Data for Hopkins CPAs points 1. Borrowed $98,100 from the bank to start the business. 2. Provided $65,400 of services to clients and collected $54,500 cash. 3. Paid salary expense of $34,880. cBook Data for Sports Clothing Hint 1. Borrowed $98,100 from the bank to start the business. 2. Purchased $65,400 inventory for cash. Print 3. Inventory costing $28,340 was sold for $54,500 cash. 4. Paid $8,720 cash for operating expenses. References Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Hopkins Inc Hopkins Bal Hopkins Cash Sports Inc ports Bal Sports Cash Stmt Sheet Flows Stmt Sumt Sheet Flows Stmt Prepare a balance sheet for Sports Clothing SPORTS CLOTHING Balance Sheet As of December 31, Year 1 Assets Total assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Fra Bb Chapter 4 Homework Assignme Question 1 - Chapter 4 Homew x 4 Hour Study Music: to Hel X Dashboard C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252FC.. Update : Chapter 4 Homework Assignment Saved Help Save & Exit Submit Check my work The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. 16.66 Data for Hopkins CPAs points 1. Borrowed $98,100 from the bank to start the business. 2. Provided $65,400 of services to clients and collected $54,500 cash. 3. Paid salary expense of $34,880. cBook Data for Sports Clothing Hint 1. Borrowed $98,100 from the bank to start the business. 2. Purchased $65,400 inventory for cash. Print 3. Inventory costing $28,340 was sold for $54,500 cash. 4. Paid $8,720 cash for operating expenses. References Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Hopkins Inc Hopkins Bal Hopkins Cash Sports Inc Sports Bal Sports Cash Stemt Sheet Flows Stmt Sumit Sheet Flows Stmt Prepare a statement of cash flows for Sports Clothing. (Cash outflows should be indicated with a minus sign.) SPORTS CLOTHING Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities: Net cash flow from financing activities Ending cash balance Fra