Question: i need help with number 4. Instructions: Using the changes columns and additional information from the adjusted trial balance tab AND the income statement, create

i need help with number 4.

i need help with number 4. Instructions: Using the "changes columns" and

additional information from the adjusted trial balance tab AND the income statement,

Instructions: Using the "changes columns" and additional information from the adjusted trial balance tab AND the income statement, create a statement of cash flows following the INDIRECT METHOD. Round all amounts to the nearest cent. Follow the below tips The formatting is up to the student. Note that grades are based on organization, formula use, and clarity of financial statement. Other required items:
a. Only use accounts that have changes or cash flows
b. Include proper report title
c. Not all rows or columns need to be used. Formulas MUST be used when necessary.
TIPS PLEASE READ:
1. Correct selection of "Increase" or "Decrease" in accounts must be used as part of the label where applicable
2. Correct use of "cash paid" or "cash received" must be used where applicable
3. Subtotals for each section MUST be properly identified as cash "used in" or "provided by"
4. All changes utilize CASH. There ARE GAINS AND LOSSES from investments that must be included in operating activities
5. Net change in cash + beginning cash balance (from a adjusted trial balance July 2019 column) must equal ending cash balance and be included at the bottom of this statement.

1. Create multi-step Income Statement using the July 31, 2020 adjusted balances AND formatting information from IS tab. 2. Create statement of retained earnings using July 31, 2020 adjusted balances AND formatting information from stmnt of RE tab. 3. Create classified balance sheet using July 31, 2020 adjusted balances AND formatting information from BS tab. 4. Create statement of cash flows using the income statement, the "changes" columns from below, and the additional notes to the right of July 31,2020 adjusted trial balance columns. To complete the "changes" columns and the statement of cash flows: a. Input a formula in either the debit column OR the credit column to find the change in account balance from July 2019 to July 2020. b. Only complete the "changes" cells that are outlined and have 2019 beginning balances and 2020 ending balances. Do not find changes in cells that are grayed out. c. Use the "changes" amounts to create the statement of cash flows. Amounts from the income statement will also be needed. d. Pay attention to statement of cash flows additional information columns below. These give hints. to the student. Note that grades are based on organization, formula use, and clarity of financial statement. Other required items

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