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Final - P3 1 B Assets Statement of Cash Flows Balances July...

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P3- 1 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 1, 2011 $20,000 $24,500 $700 $1,000 Received Rent in Adv. $18,000 $0 $0 $0 Balance $38,000 $24,500 $700 $1,000 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 1, 2011 $38,000 $24,500 $700 $1,000 Paid Insurance Premium -$4,200 $0 $4,200 $0 Balance $33,800 $24,500 $4,900 $1,000 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 6, 2011 $33,800 $24,500 $4,900 $1,000 Pur. Supplies $0 $0 $0 $1,800 Balance $33,800 $24,500 $4,900 $2,800 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 9, 2011 $33,800 $24,500 $4,900 $2,800 Collected Cash on Acc. $17,500 -$17,500 $0 $0 Balance $51,300 $7,000 $4,900 $2,800 Assets
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Statement of Cash Flows Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 11, 2011 $51,300 $7,000 $4,900 $2,800 Paid on Acc. -$3,000 $0 $0 $0 Balance $48,300 $7,000 $4,900 $2,800 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 18, 2011 $48,300 $7,000 $4,900 $2,800 Issued Capital Stock $50,000 $0 $0 $0 Balance $98,300 $7,000 $4,900 $2,800 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 20, 2011 $98,300 $7,000 $4,900 $2,800 Fees Earned on Acc. $0 $49,000 $0 $0 Balance $98,300 $56,000 $4,900 $2,800 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 25, 2011 $98,300 $56,000 $4,900 $2,800 Fees Earned for Cash $12,900 $0 $0 $0 Balance $111,200 $56,000 $4,900 $2,800 Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 30, 2011 $111,200 $56,000 $4,900 $2,800 Paid Expenses -$37,700 $0 $0 $0 Balance $73,500 $56,000 $4,900 $2,800
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Statement of Cash Flows Assets Cash + Accts. Rec + Paid Insurance + Supp. + Balances, July 30, 2011 $73,500 $56,000 $4,900 $2,800 Paid Dividends -$10,000 $0 $0 $0 Balance $63,500 $56,000 $4,900 $2,800 Statemant of Cash Flows Insurance expen Cash + Accts. Rec + Paid Insurance + Supp. + Balances July 1, 2011 $20,000 $24,500 $700 $1,000 Received Rent in Adv. $18,000 Paid Insurance Premium -$4,200 $4,200 Pur. Supplies $1,800 Collected Cash on Acc. $17,500 -$17,500 Paid on Acc. -$3,000 Issued Capital Stock $50,000 Fees Earned on Acc. $49,000 Fees Earned for Cash $12,900 Paid Expenses -$37,700 Paid Dividends -$10,000 Balances July 31, 2011 $63,500 $56,000 $4,900 $2,800
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Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 $0 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 $0 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 $7,500 $0 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 $0 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 $0 $0 $0 $0 = $0 $1,800 $150,000 -$11,200 $120,000 = $7,500 $1,800 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 $1,800 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 $1,800 Balance Sheet = Liabilities + Unearned Revenue + Unearned Revenue + Unearned Revenue + Unearned Revenue +
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Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 $1,800 $0 $0 $0 = $0 -$3,000 $150,000 -$11,200 $120,000 = $7,500 -$1,200 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 -$1,200 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 -$1,200 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 -$1,200 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 -$1,200 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 -$1,200 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 -$1,200 Balance Sheet = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 -$1,200 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 -$1,200 Balance Sheet Unearned Revenue + Unearned Revenue + Unearned Revenue + Unearned Revenue + Unearned Revenue +
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= Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 -$1,200 $0 $0 $0 = $0 $0 $150,000 -$11,200 $120,000 = $7,500 -$1,200 Balance Sheet nse = Liabilities + Building - Acc. Dep. + Land = Accts. Pay + $150,000 -$11,200 $120,000 = $7,500 $0 = = = $1,800 = = -$3,000 = = = = = $150,000 -$11,200 $120,000 = $7,500 -$1,200 $386,000 = $386,000 Unearned Revenue + Unearned Revenue +
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+ Income Statement Wages Paid + Capital Stock + $0 $0 $0 $0 $0 $18,000 $0 $0 $0 $18,000 $0 $0 + Income Statement Wages Paid + Capital Stock + $0 $0 $20,000 $0 $0 $0 $0 $0 $0 $0 $20,000 $0 + Income Statement Wages Paid +
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