Using the data provided, create an INDIRECT method CF statement. Balance sheet is provided ?? Required information

Using the data provided, create an INDIRECT method CF statement.

Balance sheet is provided

??

Transcribed Image Text:

Required information Account Name Account Payable Accounts Receiva Accounts Receivable paccomdiated Depred Accumulated Depreciation - Building Accumulated Depreciation - Furniture accomdidied Deprecia Accumulated Depreciation - Equipment Accomdidied depice Accumulated Depreciation - Vehicles Advertising Expense povertising Expense Allowance for Doubtful Accounts Amortization Expense Bad Debt Expense Cash M Common Stock pomen Cost of Goods Sold Depreciation Expense - Building Depreciation Expense - Furniture Depreciate Arcadia Enterprises Adjusted Trial Balance As of December 31, 2019 Depreciation Expense - Equipment Depreciation Depreciation Expense - Vehicles Depicenam Franchise Revenue Goodwill Interest Expense Interest Payable Interest Revenue Inventory Inventory - Parts Inventory Shrinkage Investment Land Land (Held for Sale) Notes Payable - Short Term Notes Payable - Long Term Nates Des Notes Receivable - Short Term See Decoival Notes Receivable - Long Term Notes Receivable Discount ZZZZ Office Supplies Expense Patent Payroll Tax Expense Payroll Tax Payable Prepaid Advertising Prepaid Insurance D Prepaid Rent Property - Building Property - Furniture Property -Equipment Property - Vehicles Purchase Discount Dealne Ga Realized Gain on Investments Rent Expense Rent Revenue Salary and Wage Expense Sales - Parts saics Sales Discount Sales www.wm Service Revenue Service State Transaction Fees Trademark Unearned Revenue Balance 64.052 2,271,961 271,901 1,319 1919 5,124 Additional information possibly needed include the following: -Arcadia Enterprises began operations on January 1, 2019 Shares Outstanding - 700,000 - Effective Tax Rate - 13.0 58,003 39,377 53,377 38,431 50,451 21,670 zione 48,680 21,873 4,382,437 1,281,045 6,200,258 1,319 5,124 58,003 www.www 53,377 55,383 183,616 respone 515,739 Biores 68,797 Lawren 4,566 3,850,252 229,905 37,577 896,732 1,833,602 256,209 93,943 8,369,494 548,003 www. 281,830 66,858 15,373 42 804,212 179,346 134,510 281,830 12,454 ZA 12,810 720.000 220,099 TOG GAR 136,645 683,224 ZAREZZ 640,523 8,967 120108 128,105 10,675 2,562 896,732 Doree 68,322 00,524 211,512 211,372 14,091,495 1,249,873 ww.ore 42,702 256,209 291,669 Required information Account Name Account Payable Accounts Receiva Accounts Receivable paccomdiated Depred Accumulated Depreciation - Building Accumulated Depreciation - Furniture accomdidied Deprecia Accumulated Depreciation - Equipment Accomdidied depice Accumulated Depreciation - Vehicles Advertising Expense povertising Expense Allowance for Doubtful Accounts Amortization Expense Bad Debt Expense Cash M Common Stock pomen Cost of Goods Sold Depreciation Expense - Building Depreciation Expense - Furniture Depreciate Arcadia Enterprises Adjusted Trial Balance As of December 31, 2019 Depreciation Expense - Equipment Depreciation Depreciation Expense - Vehicles Depicenam Franchise Revenue Goodwill Interest Expense Interest Payable Interest Revenue Inventory Inventory - Parts Inventory Shrinkage Investment Land Land (Held for Sale) Notes Payable - Short Term Notes Payable - Long Term Nates Des Notes Receivable - Short Term See Decoival Notes Receivable - Long Term Notes Receivable Discount ZZZZ Office Supplies Expense Patent Payroll Tax Expense Payroll Tax Payable Prepaid Advertising Prepaid Insurance D Prepaid Rent Property - Building Property - Furniture Property -Equipment Property - Vehicles Purchase Discount Dealne Ga Realized Gain on Investments Rent Expense Rent Revenue Salary and Wage Expense Sales - Parts saics Sales Discount Sales www.wm Service Revenue Service State Transaction Fees Trademark Unearned Revenue Balance 64.052 2,271,961 271,901 1,319 1919 5,124 Additional information possibly needed include the following: -Arcadia Enterprises began operations on January 1, 2019 Shares Outstanding - 700,000 - Effective Tax Rate - 13.0 58,003 39,377 53,377 38,431 50,451 21,670 zione 48,680 21,873 4,382,437 1,281,045 6,200,258 1,319 5,124 58,003 www.www 53,377 55,383 183,616 respone 515,739 Biores 68,797 Lawren 4,566 3,850,252 229,905 37,577 896,732 1,833,602 256,209 93,943 8,369,494 548,003 www. 281,830 66,858 15,373 42 804,212 179,346 134,510 281,830 12,454 ZA 12,810 720.000 220,099 TOG GAR 136,645 683,224 ZAREZZ 640,523 8,967 120108 128,105 10,675 2,562 896,732 Doree 68,322 00,524 211,512 211,372 14,091,495 1,249,873 ww.ore 42,702 256,209 291,669

Answer rating: 100% (QA)

C losing Entries Date Account Title Debit Credit December 31 2019 Interest Revenue 45... View the full answer