Green and Silver Company Trial Balance For the Year Ended May 31, 2019 Debits Credits Cash...


Green and Silver Company
Trial Balance
For the Year Ended May 31, 2019
	Debits	Credits
Cash	$ 6,700	$ -
Accounts Receivable	1,000
Prepaid Insurance	1,080
Equipment	15,000
Accumulated Depreciation - Equipment		350
Notes Payable		5,000
Accounts Payable		1,070
Salaries and Wages Payable		300
Interest Payable		50
Deferred Revenue		800
Common Stock		1,400
Additional Paid in Capital		12,600
Retained Earnings		-
Dividends	600
Sales		20,700
Cost of Sales	10,350
Salaries and Wages Expense	3,850
Depreciation Expense	350
Insurance Expense	1,800
Utilities Expense	1,490
Interest Expense	50
	$ 42,270	$ 42,270

Instructions:

Prepare an income statement, retained earnings statement, balance sheet, and statement of cash flows for the year ended May 31, 2019 in good form. See examples on 3-14, 3-15, and 11-20 of the textbook. Be sure to include subtotals like current assets, current liabilities, and gross profit. I already answered the income statement, retained earnings statement and balnce sheet. I just need help on the statement of cash flows please?

Expert Solution

ekkarill92 answered 4 hours ago

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