The following transactions apply to Ozark Sales for Year 1: Required

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The following transactions apply to Ozark Sales for Year 1:
Required

The Following Transactions Apply To Ozark Sales For Year 1 Required 1 (250.18 KiB) Viewed 52 times

Req A Req B Inc Stmt Req B Bal Sheet Req B Stmt Cash Flows Reqc cord the given transactions in a horizontal statements model. (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash Flow column, indic inancing activity (FA), and leave the cell blank if there is no effect. Do not round intermediate calculations and round your answers to the nearest whole dollar amounts. Not OZARK SALES Horizontal Statements Model Balance Sheet Assets Liabilities + Income Statement Stockholders' Equity Net Common Retained Revenue - Expense + Income Stock Earnings nt . Statement of Flows Cash + Merchandise Inventory Accounts Payable Sales Tax Payable + Warranty Payable + Interest Payable Notes Payable + + + + + + T + + + + + + . + + + + + + + + + + + = + + + + + + + +1 + + = + + + + = + = + + + + + + + + = 1 + = + + + = + + + + = + + + + + + + = + 1 + + + + + + + + + = + + + + + + = 1 0 + + 0 0 + 0 + 0 + 0 + 0 + 0 + 0 0 0 = 0 0 < ReqA Reg B Inc Stmt>
Req A Req B Inc Stmt Req B Bal Sheet Req B Stmt Cash Flows Reqc Prepare the income statement for Year 1. (Round your answers to the OZARK SALES Income Statement For the Year Ended December 31, Year 1 Expenses Total operating expenses 0 < ReqA Req
Prepare the balance sheet for Year 1. (Round your answers to the nearest whole doll OZARK SALES Balance Sheet As of December 31, Year 1 Assets Total assets $ 0 Liabilities Total liabilities $ 0 Stockholders' equity $ 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0
Stmt Sheet Cash FIOWS Prepare the statement of cash flows for Year 1. (Cash outflows should be indicated OZARK SALES Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities 0 Net cash flows from financing activities Net change in cash 0 Ending cash balance $ 0 < Req B Bal Sheet Reqc
Req A Req B Inc Stmt Req B Bal Sheet Req B Stmt Cash Flows Reqc What is the total amount of current liabilities at December 31, Year 1? (Round y Total current liabilities < Req B Stmt Cash Flows Re