Assignment
Correct the assignment and do a balance sheet
Balance sheet
Prepare a Balance Sheet using the following financial information for 2018
1) Cash $65,500.
2) Accounts Receivables $19,400
3) Inventory $13,700
4) Prepaid expenses $7,800
5) Short Term Investments $8,800
6) Long Term Investments $34,000
7) Property, Plant, and Equipment $16,300
8) Accumulated depreciation increased $5,600
9) Intangible Assets $4,900
10) Deferred Income Tax $5,200
11) Other Assets $5,100
12) Accounts Payable $18,700.
13) Short Term Loans $6,800
14) Income tax payable $5,700
15) Wages Payable $11,600
16) Unearned Revenue $26,400
17) Current portion of Long term debt $5,600
18) Long term debt $9,700
19) Deferred income tax $5,200
20) Other long term liabilities $7,900
21) Owners Invested $55,000
22) Another Owners Equity item $12,000
23) Based on the Accounting Equation, what is retained earnings?
Designate how each transaction would be reported on the statement of cash flows using OP for operating activities, IN for investing activities, FI for financing activities, I for an inflow of cash and O for an outflow of cash. If the transaction is included only in a supplemental schedule, denote this as SS.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Attachment:- Income-STASSIGNMENT.rar