Question: Please Provide Solution and Explanation in each problem. Provide what is required in each problem Problem 1 fI its 5-32 | Basic Financial Accounting and
Please Provide Solution and Explanation in each problem. Provide what is required in each problem
Problem 1




\fI its 5-32 | Basic Financial Accounting and Reporting by Prof. WIN Ballada Required: NA Based on the preceding information, answer the following questions. All questions SEC pertain to the 2019 financial statements. Prob 1. What is the total amount of revenues appearing on the income statement? Fina 2. What is the amount of supplies expense that would appear on the income Indic statement? state 3. What is the amount of interest expense that would appear on the income statement? 4. What is the amount of rent expense that would appear on the income statement? 5. What is the amount of total expenses that would appear on the income statement? a. b . 6. What is the amount of the gain from the sale of land appearing on the income C . statement? d. 7. What is the amount of profit appearing on the income statement? e . f . 8. What is the amount of unearned revenue that would appear on the balance g. sheet? 9. What is the amount of interest payable that would appear on the balance h . sheet? 10. What is the amount of total liabilities that would appear on the balance sheet? 11. What is the amount of net cash flow from operating activities that would appear on the statement of cash flows? 12. What is the amount of net cash flow from investing activities that would appear on the statement of cash flows? 13. What is the amount of cash flow from financing activities that would appear on the statement of cash flows?
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