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C Solved: Use the following tps:// on.com/flow/connect.html ework Saved 0 Required information Exercise 12-11 Indirect:...

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Accounting

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C Solved: Use the following tps:// on.com/flow/connect.html ework Saved 0 Required information Exercise 12-11 Indirect: Preparing statement of cash flows LO P1, P2, P3, A1 information applies to the questions displayed below The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 201 7 2016 73,700 67,000 74,000 86,800 121,000 99,500 Inventory Prepaid expenses Total eurrent assets Equipment Accum, depreciation-Equippent Total assets 6 700 266,700 10,000 272,000 138,000 147,000 (38,500L (20,500) $375,200 $389,500 Accounts payable Wages payable Income taxes payable Zotal current 1iabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings 48,000 64,540 8,300 62,0008 400 183,000 19,6 70092,5 53,000 115,000 175,500 266,000 183,000 5,80031,000 Total liabilities and equity 375,200 $389,500 IKIBAN INC. Incone Statenent For Year Ended June 30, 2017 Sales $793,000 Prey 3 4 ot 6 m Next > MacBook Air

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