Question: can someone help me pls 1 ( Working with an income statement and balance sheet ) Prepare a balance sheet and income statement for Kronlokken
1
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Part 1
Kronlokken Company Balance Sheet | ||
ASSETS | ||
Cash | $ | 50,172 |
Accounts receivables | 42,674 | |
Inventories | 40,520 | |
Prepaid expenses | 5,467 | |
Total current assets | $ | 138,833 |
Gross buildings and equipment | $ | 1,280,582 |
Accumulated depreciation | 969,427 | |
Net fixed assets | $ | 15,148 |
Total assets | $ | 1,123,408 |
22 BUS148 300 SP2022 Sofa AB = Homework Chapter 3 Homework, Pt 2 Questions & Bookmatch 10 book/static Po KW Score 5949 150 po O Points of Save (Wong with an af can own diven the internation in the popup Windonesia.com fowi. Complete the peritingites per dient of customer and throw Tentanha pinceton Set of Cash Flows Cash Flows from Dari Asie Metene 120 Deprecan We recette Increase in ons Nutcash provided by operating activities Data table Diviends nos in common work in consible nomine Corting room renco e Depreciation comme creme in bark harme in anderen Integrada TER | * # Print Done Homework: Chapter 3 Homework, Pt 2 Question 6, Bookmatch 3- 10 (book/static) Part 1 of 3 HW Score: 50.49%, 11.3 of 19 points O Points: 0 of 3 Save (Working with a statement of cash flows) Given the information in the popup window. prepare a statement of cash flows. Complete the operating activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash buttons as negative values.) Statement of Cash Flows Cash Flows from Operating Activities Not income 120 Adjustments Depreciation Increase in accounts receivable Increase in inventories Increase in accounts payable Increase in accrued experien Net cash provided by operating activities 65 5 40 - Data table Dividends Increase in common stock Increase in accounts receivable Increase in inventories Operating income Increase in accounts payable Interest expense Depreciation expense Increase in bank debt Increase in accrued expenses Increase in gross red assets Income taxes Click on the con located on the top-right comer of the table above in order to copy to contenido a spreadsheet $25 27 65 5 215 40 50 20 48 15 55 45 Print Done 1 X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Depreciation expense $68,600 Cash 225,829 Long-term debt 331,717 Sales 575,854 Accounts payable 102,257 General and administrative expenses 77,528 Buildings and equipment 896,761 Notes payable 74,600 Accounts receivable 153,278 Interest expense 4,901 Accrued operating expenses 7.896 Common stock 287,651 Cost of goods sold 295,263 Inventory 99,519 Taxes 51,825 Accumulated depreciation - 266,154 Prepaid expenses 13,860 Taxes payable 56,551 Retained earnings 262,421 Print Done
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