Question: Using the information from previous comprehensive cases, prepare the statement of cash flows for Wayzata Clening. Inc, For the cash flows from operating activities, use

 Using the information from previous comprehensive cases, prepare the statement ofcash flows for Wayzata Clening. Inc, For the cash flows from operating

Using the information from previous comprehensive cases, prepare the statement of cash flows for Wayzata Clening. Inc, For the cash flows from operating activities, use the indirect method. Wayzata Inc. Statement of Cash Flow Cash Flows From Operating Activities Cash Flows From Investing Activities Net Cash Flows from Investing Activities Cash Flows From Financing Activities Net Cash Flows from Financing Activities In the Beginning Cash balance Ending Cash balance Wayzata Cleaning, Inc. Income Statement For the Month Ended September 30, 2015 Wayzata Cleaning, Inc. Balance Sheet September 30, 2015 30-Sep-15 $16,600.00 6,000.00 31-Aug-15 30-Sep-15 $54,750.00$ 59,150.00 Account Payables $6,500.00 S $ 6,500.00 $ 6,000.00 Unearned Service Revenue Service Revenue 17,000.00 31-Aug-15 Liabilities Utility Expense Advertising Expense Miscellaneous Expense Account receivables Supplies Prepaid Rent Prepaid Insurance 400.00 S $7,000.00 S 300.00 Salary Payable 7,500.00 S Total Current Liabilities 24,000.006,000.00 $1,100.00 $ $ 76,350.00 $ 65,150.00 Equity 8,400.00 1,500.00 450.00 100.00 500.00 11,250.00 5,750.00 Total CA Rent Expense Depreciation Expense Insurance Expense Supplies Expense Total Expenses Net Income Cleaning Equipment Accumulated Depreciation- Eqp Common Stock Retained Earnings $78,000.00 $ 60,000.00 3,900.00(850.00) $59,150.00 12,000.00 $ (200.00) $ 18,000.00 $ (250.00)$ - Total Equity $81,900.00 Accumulated Depreciation Truck 29,550.00 105,900.00 65,150.00 To Total FA Total Assets Total Debt+Equity $105,900.00 $ 65,150.00 Wayzata Cleaning, Inc. Statement of Retained Earnings For the Month Ended September 30, 2015 Beginning Retained Earnings Net Income (850.00 5,750.00 4,900.00 1,000.00 Total Dividends Ending Retained Earnings

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!