Question: This is the question I'm stuck on. Please Help I know which items belong in each category but I'm confused by the additional data. Should
This is the question I'm stuck on. Please Help I know which items belong in each category but I'm confused by the additional data. Should I fill it out like i normally would and then just update the sections. Biggest example of where I'm confused the difference is 15000 in common stock and then in the additional 15000. Does that make it 30000 in financing for common stock?


` Homework Help - Q&LA from On X` Chapter 12 HW X + Q & : @ @ Not secure | ezto . mheducation . com / hm . tox! Current PreVIOUS Year Year Balance Sheet at December 3 1 $ 4. 50 0 Accounts Receivable* 1. 2.50 Equipment\\ B. BDO G. ODD Accumulated Depreciation - Equipment ['1. TO`` |1. 3.50) $12. 20 0 $ 1 1. TO` ACCOUNTS Payable $ 1. TV`` Salaries and Wage= Payable NOTE Payable (long-term! 1. 50 0 50 0 Common Stocki\\ Retained Earnings 2.750 $12. 20 0 $11. 10 0 nCOME Statement SERVICE REVENUE Salaries and Wage= EXPENSE 37. 00 0 Depreciation EXPENSE 350 INCOME TEX EXPENSE 1 . 10 0 Net Income $ 1. 050 Additional Data :` 3. Bought NEW hockey' Equipment for cash, $5DO. `. Borrowed $1. ODD LEZH from the bank during the Year . _ Accounts Payable includes only purchases of SERVICES made on credit for operating PURPOSES . BECAUSE there are no liability accounts relating to income tax , BEZUME that this EXPENSE WEE full; paid in cash .* Required :" 1 . Prepare the Statement of cash flows for the current year Ended December 31 using the indirect method . | Amounts to be deducted should be indicated with a minus sign . !\\ HEADS UP COMPANY* Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities` And LETments to Reconcile Net Income to Net Cash ProvidEd by Operating Activities :` O Type here to search {` @ \\THESE^ ^`` Homework Help - Q&LA from On X 6 Chapter 12 HW X + @ @ Not secure / ezto . mheducation . com / hm . tox* Q & : \\ ' TIBLE EMILI E INTIM MISTERInIN an minglle narannan an in Filmain't HEADS UP COMPANY* Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities Adjustments to Reconcile Net Income to Net Cash ProvidEd by Operating Activities :` Cash Flows from Investing Activities` Cash Flows from Financing Activities` REFERENCES EBOOK & RESOURCES* Financial Statements Learning Objective : 12-02 Report cash flows from Leaming Objective: 12-0.4 Report cash flows from financing activities.` O Type here to search \\THEE FIVE
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