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Question: the beverage store ended the month of aug 19 with...

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The beverage store ended the month of Aug '19 with the following data:

Data Table Payments of cash Acquisition of equipment . . . . . . . .. $ 207,000 Cash balance, August 1, 2019. . . . . . . . . .$ 2,500 Cash balance, August 31, 2019 5,400 Retained earnings August 1, 2019 Retained earnings August 31, 2019 Cash receipts 22,800 1,600 22,800 207,000 7,500 8,700 276,200 0 Issuance (sale) of stock to owners .. .. Rent expense Adjustments to reconcile net income to net cash provided by operations 78,400 Service revenue

i Data Table Ciliotta Coffee Roasters Corp. ncome Statement Month Ended August 31, 2019 Revenue: Service revenue $ 276,200 Expenses: Salary expense Utilities expense Rent expense Total expenses $ 78,400 5,300 1,600 85,300 $190,900 Net income (loss)

Ciliotta Coffee Roasters Corp. Statement of Retained Earnings Month Ended August 31, 2019 Retained earnings, August 1, 2019 Add: Net income Subtotal Less: Dividends Retained earnings, August 31, 2019 190,900 190,900 (2,500) $ 188,400

Ciliotta Coffee Roasters Corp. Balance Sheet August 31, 2019 Assets Liabilities Cash Office supplies Equipmert $ 5,400 Accounts payable $ 8,700 7,500 207,000 Stockholders Equity Common stock Retained earnings Total stockholders equity 22,800 88,400 211,200 $ 219,900 $219,900 Total assets Total liabilities and stockholders equity

Prepare the statement of cash flows. Begin by completing the heading. Then complete the rest of the statement. (Use parentheses or a minus sign to show cash payments, cash outflows, and/or a net decrease in cash. For accounts with a $0 balance, make sure to enter "0" in the appropriate cell.)

Cash flows from operating activities: Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities:

Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash balance, August 1, 2019 Cash balance, August 31, 2019

Explain the relationship among the income statement, statement of retained earnings, balance sheet, and statement of cash flows Net income on the statement of retained earnings comes directly from the Ending retained earnings on the Ending cash on the comes directly from the Vis reported on the

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