The following summary information was reported by Darryl Company, a sole proprietorship owned by Jane Darryl, for
Question:
Required:
Prepare the four basic financial statements for 2009:
a. Income statement.
b. Statement of owner's equity.
c. Balance sheet.
d. Statement of cash flows.
Transcribed Image Text:
Assets Liabilities J. Darryl, Capital, December 31, 200916,000 97,500 J. Darryl, Capital, January 1, 2009 7,400 81,500 Cash flows from operating activities 20,200 Cash flows from investing activities (47,000) tvicies4,1C) 8,200 21,500 Kevenue Expenses Withdrawals 135,600 128,100) 4,900 Cash, January 1, 2009 Additional investment by owner
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Related Book For
Principles Of Accounting
ISBN: 9780077300456
1st Edition
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
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