Question: Need help with this problem: Microsoft Excel Obj 4 j. $314,000 P1-2 Missing amounts from financial statements The financial statements at the end of Paradise
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Microsoft Excel


Obj 4 j. $314,000 P1-2 Missing amounts from financial statements The financial statements at the end of Paradise Realty's first month of operations are shown below PARADISE REALTY Income Statement For the Month Ended November 30, 20Y3 $149,300 Fees earned. Operating expenses: Wages expense Rent expense Supplies expense ... . 14,400 .. 12,000 69,300 Net income . PARADISE REALTY Retained Earnings Statement For the Month Ended November 30, 20Y3 Net income for November S (c) Retained earnings, November 30, 20Y3 s (e) PARADISE REALTY Balance Sheet November 30, 20Y3 Assets $99,200 6,000 Supplies $ (g) Liabilities $7,200 Stockholders'Equity Total liabilities and stockholders'equity... S (k) PARADISE REALTY Statement of Cash Flows For the Month Ended November 30, 20Y3 Cash flows from operating activities: Deduct cash payments for expenses and payments to creditors.....68,100 Net cash flows from operating activities $ (m) Cash flows used for investing activities: Cash payments for acquisition of land (216,000) Cash flows from fining activities: Cash received from issuing capital stock Deduct dividends Net cash flows from financing activities $270,000 36,000 .. Net cash flow and November 30, 20Y3, cash balance........ S (o)
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