P4-PA. Preparing the financial statements Listed below are items reported on the financial statements of the Irvine Company as of June 30, 2019: Cash flow provided by operating activities...…..$39,000 Cash at June 30, 2018...…………………………$8,000 Cash at June 30, 2019...…………………………$38,000 Inventory...………………………………………….$,5,500 Accounts receivable...……………………………..$15,200 Cash flow from investing activities...……………..($10,300) Other current assets...…………………………….$1,500 Property, plant, and equipment...………………….$60,000 Other long-term assets...…………………………..$17,500 Cash flow from financing activities...…………….$1,300 Current liabilities...…………………………………$24,000 Long-term liabilities...………………………………..$16, 250 Intangible Assets...………………………………….$9,500 common stock...………………………………………$60,000 Retained Earnings...………………………………….? Required Prepare a classified balance sheet as of June 30, 2019, and statement of cash flows for 2019
P4-PA. Preparing the financial statements Listed below are items repor
P4-PA. Preparing the financial statements Listed below are items reported on the financial statements of the Irvine Company as of June 30, 2019: Cash flow provided by operating activities...…..$39,000 Cash at June 30, 2018...…………………………$8,000 Cash at June 30, 2019...…………………………$38,000 Inventory...………………………………………….$,5,500 Accounts receivable...……………………………..$15,200 Cash flow from investing activities...……………..($10,300) Other current assets...…………………………….$1,500 Property, plant, and equipment...………………….$60,000 Other long-term assets...…………………………..$17,500 Cash flow from financing activities...…………….$1,300 Current liabilities...…………………………………$24,000 Long-term liabilities...………………………………..$16, 250 Intangible Assets...………………………………….$9,500 common stock...………………………………………$60,000 Retained Earnings...………………………………….? Required Prepare a classified balance sheet as of June 30, 2019, and statement of cash flows for 2019
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