mba 560 unit 2 problem 3 25 and 4 20 495235

4300 9000 10000 -110 2 3 -1980 -20 -2000 -1980 -710 6 -60 7 5390 -5500 -110 5390 8 0 -60 4680 -2090 -60 4/30/2012 3013 3054 3056 6605 5565 -160 Student Name: Class: Problem 03-25 Requirement a. and b. JEATER COMPANY Horizontal Statements Model – 2012 Balance Sheet Income Statement Statement of Event Accounts Merchandise Common Retained Net Cash Flows No. Type Cash + Receivable Inventory = Payable Stock Earnings Revenue – Expenses Income Bal. 1a 1b 4a 4b 5a 5b Requirement c. Financial Statements For the Year Ended December 31, 2012 Net Sales Cost of Goods Sold Gross Margin Operating Expenses Transportation-out Operating Income Statement of Changes in Stockholders’ Equity Beginning Common Stock Plus: Stock Issued Ending Common Stock Beginning Retained Earnings Plus: Net Income Ending Retained Earnings Total Stockholders’ Equity As of December 31, 2012 Assets Cash Merchandise Inventory Total Assets Liabilities Stockholders’ Equity Common Stock Retained Earnings Total Liabilities and Stockholders’ Equity Statement of Cash Flows Cash Flow from Operating Activities: Inflow from Customers Outflow for Inventory Outflow for Expenses Net Cash Flow from Operating Activities: Cash Flow from Investing Activities Cash Flow from Financing Activities Net Change in Cash Plus: Beginning Cash Balance Ending Cash Balance Problem 04-20 SUPERIOR AUTO SUPPLY, INC. Bank Reconciliation Unadjusted Bank Balance, May 31, 2012 Add: Deposits in transit Bank Error Less: Outstanding Checks: True Cash Balance, May 31, 2012 Unadjusted Book Balance, May 31, 2012 Add: Note collected by bank Error in recording payment for utilities Less: Collection Fee Bank Service Charge NSF Checks AS AU OA Enter the appropriate amount or NA for not affected. Enter the appropriate amount or NA for not affected. Enter the appropriate amount or NA for not affected. Enter the appropriate amount or NA for not affected. Enter the appropriate amount or NA for not…