S-1-10

Income statement
Revenues 94
Expenses 23
Net income 71
S--1-11
Income statement
Revenues 380
Expenses 250
Net income 130
S-1-12 Balacne Sheet
Assets
current assets
Cash 12000
Recivables 5000
Invertoryc 42000
Total current assets.... 59000
Equipment 82000
Total Assets 141000
S-1-13
Statement of Cash flows
Cash flow from operating actv
Net Income 95,000 $
Adjustments to reconcile net income
to net cash provided by operating
activit -20,000 $
Net cash provided by operating activities 75,000 $
Cash flows rom investing actv
Purchases of equipment -35,000 $
Cash flows rom financing activites
Payment of dividends -15,000 $
Net icnrease in cash 25,000 $
S-14
a=SRE SCF h BS SCF a
b IS I SCF b
c BS BS c
d IS k Bs d
e SRE l IS e
f SCF m BS f
g IS SRE n SCF g
h
i
j
k
l
m
n
33
Balance sheet 1/01/20x6
assets liabilities
shareholders equity
Retain Earnings 210
share capital 100
Total shareholders equity 310
Balance sheet31/12/20x6
assets liabilities
shareholders equity
Retain Earnings 297
share capital 100
Total shareholders equity 397
Liabilities
Current Liabilittes
Accounts payable 17000
Total current liabilities 17000
Long-term liabilities
Long-term notes payable 78000
Total lt liabilities 78000
ttl lbts 95000
Shareholder's Equity
Share capital amounts 14800
retained earnings: 31200
Total SHE 46000
Total SHE + Total lbts 141000
IS SCE BS
div 0 1 0
salary 1 0 0
Invertory 0 0 1
Sales revenue 1 0 0
Retainedearnings 0 1 0
net cash of operating activites 0 0 0
Net income 1 1 0
Cash 0 0 1
Net cash used for finance actv\ 0 0 0
Accounts payble 0 0 1
Share capital 0 0 1
Interest revenue 1 0 0
Long terb debt 0 0 1
Increase or deacre in cash 0 0 0
297
Statements of changes in equity
Begininng equity 310
Net icnome 130
Cas dividens -43
Ending equity 397
SCF
1 2
0 1
0 1
0 1
0 1
1 1
1 3
1 2
1 1
0 1
0 1
0 1
0 1
1 1
0