Question

Liabilities Cash Flow Assets Equity Acc. Dep AF Cash AR Allowance Inventory Propaid Equip Int. Pay Waranty Noto Pay Bonds Stock Rev Ex Unoam January 1, 2010 3 c00 for 1 vear of rent Recoived $24,000 for services to be delivered over urhased sdee $30.000. 2 % discount. FOB shipping of $600 During the year: On Apr 1, bomowdalo t3% interest per Purchased inventory on account, $82.000. nt. The invantony had cost $62 000 Colected $81,000 of the sales an account Purrhased inventory on account, $96,000. |Paid $70,000 of the accounts payablo. Estimated that 2 % of salos . account will bo uncolectible equipment using SL, 5-year e, 55.000 ostimated salvage edinterest on the loan semi-annual Recorded interest on the loan-year-end da laua m a customer The attomeys belove there is no legal basis Eamed Revenue Ending Balance s Total Assets Tatal Liabilies and Equity

Answer 1

Please hit LIKE button if this helped. For any further explanation, please put your query in comment, will get back to you.
Event		Cash	AR	Allowance	Inventory	Prepaid	Equipment	Acc Dep	AP	Unea Rev	Int Pay	Warranty	Note Pay	Bonds	Stock	RE	Rev	Exp	Cash Flow
1		$200,000													$200,000				$200,000	Financing
2		$ -12,000				$ 12,000													$ -12,000	Operating
3		$ 24,000								$ 24,000									$ 24,000	Operating
4		$ -30,000					$     30,000												$ -30,000	Investing
5		$ 10,000											$ 10,000						$ 10,000	Financing
6					$ 82,000				$ 82,000										$           -	Operating
7			$ 90,000													$ 90,000	$ 90,000		$           -
8					$ -62,000											$ -62,000		$ 62,000	$           -
9		$ 81,000	$ -81,000																$ 81,000	Operating
10		$ -82,000							$ -82,000										$ -82,000	Operating
11					$ 96,000				$ 96,000										$           -
12		$ -70,000							$ -70,000										$ -70,000	Operating
13		$ -20,000														$ -20,000		$ 20,000	$ -20,000	Operating
14				$     -1,800												$   -1,800		$    1,800	$           -
15	($30,000-$5,000)/5							$   -5,000								$   -5,000		$    5,000	$           -
16	$10,000*3%*6/12	$      -150														$      -150		$       150	$      -150	Operating
17	$10,000*3%*3/12										$         75					$        -75		$         75	$          75
18	No Impact																		$           -
19						$ -12,000										$ -12,000		$ 12,000	$           -
20										$ -24,000						$ 24,000	$ 24,000		$           -
Total		$100,850	$    9,000	$     -1,800	$116,000	$          -	$     30,000	$   -5,000	$ 26,000	$          -	$         75	$          -	$ 10,000	$          -	$200,000	$ 12,975	$114,000	$101,025	$100,925