Question: what would the balance sheet and cash flows statement be for this ? the year ended December 31, 2017. do not appear on the statement
the year ended December 31, 2017. do not appear on the statement of cash flows and indicate which inancial statement reports these items F1-24 Assume a FedEx Kinko's at the University of Saskatchewan ended the month of July LEARNIN 2017 with these data: Prepare a statemen Payments of cash: Acquisition of equipment Dividends. Retained earnings at July 1, 2017 Cash receipts: $36,000 Issuance (sale) of shares to 2,000 owners $35,000 Rent expense 700 Retained earnings at July 31, 2017.. Common shares 35,000 Utilities expense 200 Equipment Office supplies expense Accounts payable. 36,000 Adjustments to reconcile net income to cash provided by operations.. 1,200 3,200 3,200 14,000 Service revenue 4,000 Salary expense.. Cash balance July 1, 2017. Cash balance July 31, 2017.... 0 8,100 Requirement Prepare the income statement and the statement of retained earnings of this FedEx Kinko's for he month ended July 31, 2017. 1-25 Refer to the data in the preceding exercise. Prepare the balance sheet of the FedEx
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