E1421 similar to Question Help The income statement and add
E14-21 (similar to) Question Help * The income statement and additional data of Vitamins Plus, Inc. follows Click the icon to view the income statement)Click the icon to viete diioa data Prepare Vitamins Plus\'s statement of cash Sows for the year ended September 30, 2018, using the indirect methad Includs a Statement of Cash Flows Year Ended September 30, 2018 Data Table Cash Flows ftrom Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Actvises Income Statemen Year Ended September 30,2018 s 240,000 2.000 Net Sales Revenue Cost of Goods Sold Gross Proft Operaing Expenses 48,000 5600 26.000 alaries Expense Depreciation Expense-Plant Assets 82.000 6,000 ,000 61,000 Net Cash Provided by (Used for) Operwting Activities Total Operating Expenses Net Income Before Income Taxes income Tax Expense Net Income Choose trom any list or eter any number in the input fields and then click Check Answer Check Answer
Solution
E14-19 Statement of cash flow Cash flows from operating activities Net Income $27,000 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expenses 7000 Loss on sale of land 8000 Increase in Current Assetsother than cash -11000 Decrease in Current Liabilities -30000 -26000 Net cash from operating activities 1000 P14-34A I hope after question E14-25 the Balance sheet for this question provided Statement of cash flow Cash flows from operating activities Net Income $103,900 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expenses 14900 Decraese in Accounts receivable 17000 Incraese in Inventory -8000 Increase in Accounts payable 14000 Decrease in Accured Liabilities -5000 32900 Net cash from operating activities 136800 E14-25 Statement of Cash flows (Partial) Common stock issued for purchase of Building $107,000 Long term note financed for purchase of truck $35,000 Issue of common stock for retirement of short term notes $26,000 E14-18 a) loss on sale of land is Operating activity-O+ Dear student there is data which has not in order. Hence the best answers which I could provide have been done. If any doubt please comment For E14-21 additional data not provided. So doing other question