Question: Fill in the blank using the following information : BIG CITY COURIER STATEMENT OF CHANGES IN FINANCIAL POSITION For the Months of: January February March
Fill in the blank using the following information :
| BIG CITY COURIER | |||
| STATEMENT OF CHANGES IN FINANCIAL POSITION | |||
| For the Months of: | |||
| January | February | March | |
| Operating Activities | |||
| Net Income | |||
(Increase)/Decrease in Accounts Receivable | |||
| Decrease in Deposits Paid | |||
| Increase/(Decrease) in Accounts Payable | |||
| Increase in Sales Tax Payable | |||
| Cash Used in Operations | |||
| Financing Activities | |||
| Drawings | |||
| Cash Used in Financing | |||
| Investing Activities | |||
| Changes in Fixed Assets | |||
| Cash Used in Investing | |||
| Net Increase/(Decrease) in Cash | |||
| Cash Balance Previous Month End | |||
| Cash Balance Current Month End | |||
| Net change in Cash for the Month | |||
Current Assets Accounts Receivable Deposits Paid Total Current Assets Fixed Assets Total Assets Liabilities Overdraft Accounts Payable Sales Tax Payable Total Liabilities Equity Capital Retained Earnings Total Equity Exhibit 3 BIG CITY COURIER BALANCE SHEET as at Total Liabilities and Equity 31-Jan-97 28-Feb-97 45,592 900 46,492 4,258 50,750 9,231 411 23,967 33,609 10,544 6,597 17,141 50,750 52,789 900 53,689 4,435 58,124 11,580 271 26,212 38,063 9,057 11,004 20,061 58,124 31-Mar-97 62,053 900 62,953 4,435 67,388 13,217 1,100 28,265 42,582 7,476 17,330 24,806 67,388
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