Question: Question 4 and 5 need help Question 4) W. Karim is the bookkeeper for Work Done Wrong (wDw) Company. W. Karim has been trying to
Question 4) W. Karim is the bookkeeper for Work Done Wrong (wDw) Company. W. Karim has been trying to get the balance sheet of WDW Company to balance, but due to his very poor accounting ski he can't do it. Prepare a corrected Balance Sheet (in color) for W. Karim. Prepare this as shown in class on your PowerPoint presentation (in good form). Note: WDW Company had Cash, but you will need to determine the number based on the information given. lls WDW Company Balance Sheet September 30, 2018 ASSETS LIABILITIES S 1,800 1,400 18,300 3,200 ???? Wages Payable 11,800Supplies Expense Cash Cost of Goods Sold Utilities Expense Building Accounts Payable Dividends Supplies 900 Retained Earnings 32,600 Accounts Receivable 3,900 200 STOCKHOLDERS' EQUITY 700 Common Stock Sales Revenue Unearned Revenue 13,000 17,000 15,800 Total assets $ 22??? Total Liabilities and O.E Question 5) Below is selected financial information for Stu Corporation for December 31, 2018 Inventory Cash paid to suppliers Buildings Common Stock Cash dividends paid Cash paid to purchase land $ 88,400 171,700 323,000 112,200 10,200 111,900 Cash paid to purchase building Equipment Service revenue Cash received from customers Cash received from issuing bonds Cash at beginning of period $150,000 74,800 177,000 268,600 165,800 77,770 Instructions Determine which items should be included in a statement of cash flows and then prepare the statement for Stu Corporation Comment on the adequacy of net cash provided by operating activities to fund the company investing activities and dividend payments. a. b
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