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Prepare a journal entries for additional information items

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Reference no: EM13890727

1. Complete the worksheet by copying each 12/31/15 balance to the appropriate financial statement column in the rest of the worksheet, and then showing net income in the proper places in the income statement and balance sheet sections of the worksheets.

2. Prepare (reconstruct) journal entries for additional information items numbered 2, 3 and 4, which will help you construct the statement of cash flows. Also prepare a reconciliation of the company's equipment account (beginning balance + purchases - sales at cost = ending balance) for the same reason. If you decide to prepare (reconstruct) any other transactions as journal entries, please provide them as well.

Attachment:- Worksheet.xlsx

Reference no: EM13890727

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