Question: I have to put this statement into cash flow statement, balance sheet and income statement: Completed Novak Inc.s order on 2 August (sold at $1,800)
I have to put this statement into cash flow statement, balance sheet and income statement: Completed Novak Inc.s order on 2 August (sold at $1,800) by delivering all tennis equipment purchased on 3 August (cost: $1,600) to the local tennis club. No payment was received upon delivery (Hint: note the advanced payment $400 on 2 August). How would i go about in doing this?
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