Question: nework ( i Help SP 1 2 Serial Problem Business Solutions ( Indirect ) ( Static ) LO P 2 , P 3 Santana Rey,
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SP Serial Problem Business Solutions IndirectStatic LO P P
Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data.
tabletableBUSINESS SOLUTIONSIncome Statement For Three Months Ended March Computer services revenue,,$ Net sales,,Total revenue,,Cost of goods sold,$ Depreciation expenseOffice equipment,Depreciation expenseComputer equipment,Wages expense,Insurance expense,Rent expense,Computer supplies expense,Advertising expense,Mileage expense,Repairs expenseComputer,Total expenses,,Net income,,$ BUSINESS SOLUTIONS Comparative Balance SheetsNet income
$
tableBUSINESS SOLUTIONS Comparative Balance SheetsAssetsMarch Decenber Cash$ Accounts receivable,$ InventoryComputer supplies,ePrepaid Insurance,Prepaid rent,Total current assets,Office equipment,Accumulated depreciationoffice equipnent,eeComputer equipment,eeecAccumulated depreciationConputer equipment,
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