Question: please complete the chart , thumbs up will be given IKIBAN INC Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 93,100 101,800

please complete the chart , thumbs up will be given
please complete the chart , thumbs up will be given IKIBAN INC
Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 93,100
101,800 87,800 6,880 288,700 148, Bee (39,000) $397,700 $ 68,000 75,000 122,500

IKIBAN INC Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 93,100 101,800 87,800 6,880 288,700 148, Bee (39,000) $397,700 $ 68,000 75,000 122,500 10,200 275,700 139, eee (21 , ) $393,700 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity $ 49,000 8,480 5,800 63,2ee 54,000 117,200 $ 66,000 19,880 8,6ee 94,40e 84,000 178,400 268,000 12,500 $397,700 184,000 31,300 $393,700 IKIBAN INC. Income Statement For Year Ended June 30, 2019 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense $82,600 Other expenses 91,000 Total operating expenses $798,000 435, Bee 363,00 173,608 189,400 other gains (losses) Gain on sale of equipment Income before taxes Income taxes expens Net income 4,400 193,800 46,290 $147,510 a. A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash b. The only changes affecting retained earnings are net income and cash dividends paid c. New equipment is acquired for $81,600 cash d. Received cash for the sale of equipment that had cost $72,600. yielding a $4,400 gain. e. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement, f. All purchases and sales of inventory are on credit Exercise 16-11 Part 1 Required: (1) Prepare a statement of cash flows using the indirect method for the year ended June 30, 2019 (Amounts to be indicated with a minus sign.) IKIBAN, INC. Statement of Cash Flows (indirect Method) For Year Ended June 30, 2019 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities Station clasificas de Mesto) Por Eldre omg 360 2019 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities $ 0 Cash flows from investing activities 0 Cash flows from financing activities 0 $ 0 Net increase (decrease) in cash Cash balance at prior year-end Cash balance at current year-end $ 0

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