Question: this is in my question before... the one before didnt have the right answer these are the answers to the other questions!!!! this is the

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Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. d. Determine the amount of cash flow from financing activities that will appear on the statement of cash flows. Net cash flow from financing activities be indicated with a minus sign.) Assets Beg. 1. 2 3. 4. 5. 6. End Cash + 01+ 200,000+ 350,000+ (500,000) 95,000+ (65,000)+ (12,000) + 68,000+ Land Balance Sheet =Liabilities + Notes Payable + 0+ 0+ + 200,000+ 350,000+ + + + + + + + 350,000+ 200,000+ 0= B 500,000 500,000 THE FRAME SHOP (TFS) Horizontal Statements Model for Year 1 Stockholders' Equity Revenue Retained Common Stock Earnings 0 95,000 95,000 M 0 95,000 (65,000) (12,000) 18,000 Income Statement. Expense 0 M - . 65,000 65,000 = Net Income Statement of Cash Flows 0 200,000 FA 350,000 FA (500,000) IA 95,000 OA (65,000) OA (12,000) FA 68,000 NC 95,000 (65,000) 30,000 Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. . Determine the total amount of assets that will appear on the December 31, Year 1, balance sheet.. Total assets $ 568,000 Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop during Year 1. Assume all transactions shown in the accounting equation are cash transactions. c. Determine the total amount of net income that will appear on the income statement. Net income i 30,000 Required a. The following table contains missing data which should be completed. Use the letters FA to represent financing activity, IA to represent investing activities, OA to represent operating activities, and NC to represent net change. (Amounts to be deducted should be indicated with a minus sign.) THE FRAME SHOP (TFS) Horizontal Statements Model for Year 1 Balance Sheet Income Statement Assets =Liabilities + Stockholders' Equity Revenue Expense Net Income Statement of Cash Flows Retained Notes Payable Common Stock Earnings 0 0 200,000 FA FA IA 350,000 (500,000) 95,000 (65,000) 95,000- OA OA FA (12,000) 95,000- 68,000 Beg 1. 2 3. 4. 5. 6. End Cash + 0+ 200,000+ 350,000+ (500,000)+ 95,000+ (65,000) + (12,000)+ 68,000 Land + 0= W - 500,000 = = = 500,000 = 0+ 350,000+ + 350,000+ 0+ 200,000+ + + + . + 200,000+ 0 95,000 (65,000) (12,000) 18,000 0= A H 65,000 65,000 95,000 (65,000) 30,000 NC Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. b. Determine the total amount of assets that will appear on the December 31, Year 1, balance sheet. Total assets $ 568,000 Required information. [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. Determine the total amount of net income that will appear on the income statement. Net income $ 30,000 Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. d d. Determine the amount of cash flow from financing activities that will appear on the statement of cash flows. k Net cash flow from financing activities ht ances Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. d. Determine the amount of cash flow from financing activities that will appear on the statement of cash flows. Net cash flow from financing activities be indicated with a minus sign.) Assets Beg. 1. 2 3. 4. 5. 6. End Cash + 01+ 200,000+ 350,000+ (500,000) 95,000+ (65,000)+ (12,000) + 68,000+ Land Balance Sheet =Liabilities + Notes Payable + 0+ 0+ + 200,000+ 350,000+ + + + + + + + 350,000+ 200,000+ 0= B 500,000 500,000 THE FRAME SHOP (TFS) Horizontal Statements Model for Year 1 Stockholders' Equity Revenue Retained Common Stock Earnings 0 95,000 95,000 M 0 95,000 (65,000) (12,000) 18,000 Income Statement. Expense 0 M - . 65,000 65,000 = Net Income Statement of Cash Flows 0 200,000 FA 350,000 FA (500,000) IA 95,000 OA (65,000) OA (12,000) FA 68,000 NC 95,000 (65,000) 30,000 Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. . Determine the total amount of assets that will appear on the December 31, Year 1, balance sheet.. Total assets $ 568,000 Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop during Year 1. Assume all transactions shown in the accounting equation are cash transactions. c. Determine the total amount of net income that will appear on the income statement. Net income i 30,000 Required a. The following table contains missing data which should be completed. Use the letters FA to represent financing activity, IA to represent investing activities, OA to represent operating activities, and NC to represent net change. (Amounts to be deducted should be indicated with a minus sign.) THE FRAME SHOP (TFS) Horizontal Statements Model for Year 1 Balance Sheet Income Statement Assets =Liabilities + Stockholders' Equity Revenue Expense Net Income Statement of Cash Flows Retained Notes Payable Common Stock Earnings 0 0 200,000 FA FA IA 350,000 (500,000) 95,000 (65,000) 95,000- OA OA FA (12,000) 95,000- 68,000 Beg 1. 2 3. 4. 5. 6. End Cash + 0+ 200,000+ 350,000+ (500,000)+ 95,000+ (65,000) + (12,000)+ 68,000 Land + 0= W - 500,000 = = = 500,000 = 0+ 350,000+ + 350,000+ 0+ 200,000+ + + + . + 200,000+ 0 95,000 (65,000) (12,000) 18,000 0= A H 65,000 65,000 95,000 (65,000) 30,000 NC Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. b. Determine the total amount of assets that will appear on the December 31, Year 1, balance sheet. Total assets $ 568,000 Required information. [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. Determine the total amount of net income that will appear on the income statement. Net income $ 30,000 Required information [The following information applies to the questions displayed below.] The following horizontal financial statements model shows the transactions experienced by The Frame Shop (TFS) during Year 1. Assume all transactions shown in the accounting equation are cash transactions. d d. Determine the amount of cash flow from financing activities that will appear on the statement of cash flows. k Net cash flow from financing activities ht ances
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