accounting- financial statements

December 18, 2020


Using the adjusting and closing entries that you prepared in Week 04, prepare the statements listed below. Refer to the trial balance provided to you in Week 04 for last year’s balances. You will need these to complete the statement of cash flows.


This week, I will give you check figures.  Your Net Income should equal $94,264.  The Assets should equal $735,240.  The Cash Provided by Operating Activities is $149,600.