Santana Rey. owner of Business Solutions, decides to prepare a statement of cash flows for...
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Accounting
Santana Rey. owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data BUSINESS SOLUTIONS Incone Statement For Three Months Ended March 31, 2019 $25,207 18,293 43, 500 Computer services revenue let sales Total evenue Cost of goods sold Depreciation expense-Office equip Depreciation expense-Computer equip. Wages expense C14,852 380 1,180 3,050 465 Insurance expense 1,575 1, 305 590 290 Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense-Computer 900 24,587 Total expenses 18,913 Net incone BUSINESS SOLUTIONS Conparative Balance Sheet Decenber 31, 2010, and March 31, 201 Mar, 31, Dec. 3 2019 2010 Ansets Cash Accounts receivable InventorY Conputer suppiie Prepaid inaurance 62, 657 56, 552 4,567 624 ,06 2. 045 1,090 s50 1,ses 735 Prepald rent Total eurrent asnesa office equipment Accunalated depreciation-ottice equip. Computer equipmene Aceunulated deprecist1on-Computer eqaip T 100 (760) 19, 800 7,100 380) 19.800 135 498.10 Total assets LiADILIties and Equity o.70 92s Wages payable srned co puter ser Total currene 1iabi11ties .400 Prev 1 of Next



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